The payer (or administrator) of my pension plan changed in 2025. I received my monthly pension from Northern Trust for 5 months and then from Pacific Life for 7 months in 2025.
I have been receiving this pension for the last few years. It is from a qualified plan.
When TurboTax asks during the interview process was this the first time I received monies from this payer (in this case Pacific Life) do I answer yes or no? It is the same pension, just coming from a different administrator and it is not the first year I stared receiving monies from this pension.
