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512pusher
January 22, 2025
Question

Does a defined benefit pension require rmd?

  • January 22, 2025
  • 1 reply
  • 0 views
How do i answer the rmd queston for a defined benefit pension?

    1 reply

    M
    MinhT1
    January 22, 2025

    Yes. In TurboTax, indicate that the amount received form your defined benefit pension is all RMD.

     

    The IRS says:

     

    A defined benefit plan generally must make RMDs by distributing the participant’s entire interest as calculated by the plan’s formula in periodic annuity payments for:

    • the participant’s life,
    • the joint lives of the participant and beneficiary, or
    • a "period certain."

    Please read this IRS document for more information.

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