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Retirement tax questions
Yes, the withdrawal was an RMD.
If you receive periodic (monthly) payments from any pension plan you can be assured that the custodian of the plan is meeting the requirements so you can safely answer "yes" to the question.
Virtually all pension plans in existence today fall under section 401 of the tax code and they all require RMD's. The question in TurboTax is just to be sure that the requirement was met.
If you are continuing to receive the same pension/annuity/retirement account distribution every month/year over your expected lifetime, then you are indeed receiving your RMD each year. You are not in jeopardy of having failed to receive your required annual RMD each year. It is automatic. As long as you are receiving periodic payments, you have met the RMD requirement.
For further information please see the TurboTax website: What is an RMD?
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