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February 20, 2025
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I've had a fixed-dollar pension payment for years. Is it considered an RMD?

  • February 20, 2025
  • 1 reply
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    Best answer by VolvoGirl

    Say all of it is the RMD.   If you need to start taking the RMD it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD. So for the RMD question put in the same amount as box 1.

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    VolvoGirl
    VolvoGirlAnswer
    Employee
    February 20, 2025

    Say all of it is the RMD.   If you need to start taking the RMD it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD. So for the RMD question put in the same amount as box 1.