I summarize value end of year for my IRA's. I can calculate RMD withdrawls from that for the next year. No problem.
PROBLEM: However, I also receive a monthly pension from my former employer after retirement. It does not have an end of year balance. I just receive monthly payments. So there is nothing about this pension that I can add to the end of year total used to calculate RMD. So DO I JUST USE MY IRA TOTALS TO CALCULATE RMD? Or do I need to do something special about the pension income?
Related question: I've heard that I SHOULD include my pension income, in addition to my IRA withdrawls, to all count towards the RMD requirement. Is this correct?
