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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?
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‎April 24, 2020
3:14 PM