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Wrong birthday info led to $130K in RMD penalties, plaintiffs say
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investmentnews.comThe beneficiaries of a family trust have sued Wells Fargo over a clerical error made more than 20 years ago that they say has since cost them more than $130,000 in penalties from the IRS.
In 2001, an advisor to the trust established by George Lowe allegedly entered an incorrect birthdate of Jan.
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