The amount of a required minimum distribution that an IRA holder failed to remove from his/her IRA in a timely manner, on which a penalty tax is applied.
Related information about excess accumulation:
- Excess Accumulation Penalty Definition | Investopedia
The penalty a retirement account owner or the beneficiary of a retirement account must pay when he or she fails to distribute a minimum amount due for a year ...
- What is excess accumulation? definition and meaning
Definition of excess accumulation: The amount of a required minimum distribution that an IRA holder failed to remove from his/her IRA in a timely manner, ...
- Excess Accumulation Penalty: Definition from Answers.com
Excess Accumulation Penalty The penalty a retirement account owner or the beneficiary of a retirement account must pay when he or she fails to distribute.
- Excess accumulation penalty - Retirement Dictionary
Mar 21, 2009 ... The excess accumulation penalty may be waived, if the participant or beneficiary can demonstrate to the IRS that the failure to withdraw the ...
- Excess-Accumulation Penalty financial definition of Excess ...
A 50% tax that one must pay if one neglects to take the required minimum distribution from one's IRA. The required minimum distribution is the portion of an IRA ...
- Excess accumulation - Financial Dictionary - The Free Dictionary
The amount of a required minimum distribution that an IRA holder fails to remove from an IRA in a timely manner. Excess accumulations are subject to a 50% ...
- TaxAlmanac - A free online tax research resource and community ...
Free collaborative tax resource and research community created by tax pros for tax professionals and academia. Brought to you by Intuit and ...
- Accumulated Earnings Tax -- Warning, Your Company May Be at ...
Once an IRS agent asserts that there is an excess accumulation of earnings, the burden of proof shifts to the taxpayer to substantiate that the accumulations ...