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RMD on Cash Balance Pension
I will be 72 this year (2022), so am subject to RMDs. In March, I rolled my cash balance pension plan into a traditional IRA. My understanding is that the plan administrators should have excluded the RMD from the IRA roll-over and instead distributed it outside of the IRA. This was not done. I called the plan and asked them to either provide the amount of the RMD or the account balance as of Dec. 31, 2021 so I can determine the RMD. However, they tell me no RMD is required and have not provided the Dec. 31 balance. I have asked them to state this in writing. Do I need to take and RMD and how should I determine the amount?
‎June 10, 2022
12:26 PM