Mrd - I've cashed out all but $30 of my MRD - what is the effect of not taking 100%?

[dmertz · Accepted solution]

The penalty for not satisfying your entire MRD is 50% of the unsatisfied amount, reported on Form 5329 Part IX.  For a $30 MRD shortfall, the penalty is $15.

[VolvoGirl]

(ps....we call it the RMD (required min distribution)