The program ask this question because of the RMD rules.
The Required Minimum Distribution (RMD) rules apply to:
- All employer-sponsored retirement plans, including profit-sharing plans, 401(k) plans, 403(b) plans, and 457(b) plans.
- Traditional IRAs and IRA-based plans such as SEPs, SARSEPs, and SIMPLE IRAs.
- Roth 401(k) accounts.
If you are receiving your monthly pension check, then yes, you are receiving the RMD.
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