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Retirement tax questions
With a traditional pension, the entire payment is considered an RMD.
An RMD is the amount you must withdraw from a retirement account based on your age and life expectancy, because you are supposed to use up the money in retirement and not leave it untouched for your heirs. Since a traditional pension payout is already based on your age and life expectancy, it is automatically considered to be an RMD and fits the RMD rules.
‎February 27, 2025
3:16 PM