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Is Annuity considered a qualified annuity disbursement from my pension plan?
my pension plan closed and I was given several options to receive my payout. I elected to start receiving payments monthly from an annuity immediately, although I am not retired yet. I am 62 in 2024.
turbo tax asked a question about whether the annuity is qualified as a pension. I assume that it is because that was the purpose, but technically it is no longer a pension but an annuity to replace my pension. How should I handle this in my tax return.
thanks.
‎September 25, 2024
2:50 PM