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June 7, 2019
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1099-R question of Money Received Before Age 59 1/2? Does this include my monthly pension check?

  • June 7, 2019
  • 1 reply
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Best answer by ToddL

No, it does not. 

The "59-1/2 early withdrawal" rule only applies to withdrawals you have control over (e.g. IRA and 401K). Pension income is not subject to early withdrawal rules or penalties.

1 reply

ToddLAnswer
Employee
June 7, 2019

No, it does not. 

The "59-1/2 early withdrawal" rule only applies to withdrawals you have control over (e.g. IRA and 401K). Pension income is not subject to early withdrawal rules or penalties.