..AND.
.....if the question about the RMD is referring to an actual company pension plan payout, that you automatically receive monthly, then all of it is the correct RMD.
If the question is referring to a retirement fund distribution, that you actually have control over how much you take out, like a traditional IRA, or a 401k....then the RMD amount has to be calculated based on the value of that fund on 31 Dec of the year just prior to the year you need to remove the RMD amount.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
