MayaD
Employee Tax Expert

Retirement tax questions

Pension payments already satisfy the rules for withdrawing a minimum amount per year based on life expectancy.  If you have a traditional pension, answer "yes, this is an RMD".

 

Also, your 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution and you're at least 72 years young, you can be almost certain you received an RMD. Check with your plan administrator if you're still not sure.

 

Required Minimum Distributions

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