jmtmarx
New Member

Can someone explain what the options mean for the question "What did you do with the money from "name of pension payor"?

I'm working on my 1099-R for my pension. The question asks "What did you do with the Money From the Payor? THe choices are 1. I moved the money to another retirement account (or returned it to the same retirement account)  2. I did something else with it (cashed out, ect.).  I chose an option in which I receive a set payment monthly for life. My instinct is choice #1; am I right?