jrb98391
New Member

Annuity RMD

My retirement pension was recently converted to an annualized annuity. How do I determine what the RMD is for this annuity? Is it just the total of payments I receive during the year? I understand that under changes made in the SECURE 2.0 act, that if the payments exceed the RMD amount due, I can use the excess to offset the RMD due from my other retirements accounts.