Wrong answer. This was not a contribution plan. My father retired as a university professor in Louisiana. He took less monthly payments while still living so my mother could continue to get monthly payments after his death. No contributions were made. He drew this monthly payment until his death in 2012. Since then she has received monthly payments less than what they received while he was living. There is no RMD required because it is not an IRA type plan.
TurboTax just won't accept the actual numbers from the 1099-R without wanting RMD information. She has never had to take out an RMD because there is no actual cash value in this plan so you couldn't even calculate an RMD if you had to.
Anyone got a helpful answer?
