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RMD/monthly pension payments
I have a state of Florida pension, from which I receive monthly. Are those payments considered RMD? Can those payments be considered RMD for my IRA accounts? I'm thinking they can't, but I wanted to make sure.
Payments from a traditional pension count as RMDs for the pension. They don’t count as RMDs for anything else. The RMD from your IRA is must be calculated and withdrawn separately.
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