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February 17, 2025
Solved

pensions and RMD

  • February 17, 2025
  • 2 replies
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if you take a pensions with monthly payments, is this monthly pension considered to be all of the required RMD for that pension

    Best answer by VolvoGirl

    Yes.  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.

    2 replies

    AmyC
    Employee
    February 17, 2025

    Yes. A pension plan automatically ensures you get the RMD.

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    VolvoGirl
    VolvoGirlAnswer
    Employee
    February 17, 2025

    Yes.  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.