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Retirement tax questions
Yes, your GM pension plan along with other retirement accounts are subject to Required Minimum Distribution IRS set by the IRS.
The distributions you receive after 70 1/2 count towards your RMD. The answer to the RMD question for you can be answered yes if you are over 70 1/2 years young.
The RMD is a minimum amount required distribution. You GM Pension distribution is probably for more than required so it satisfies the requirement.
‎June 1, 2019
6:17 AM