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d-davoren
New Member

Do i really need to pay an rmd on my boston teachers pension like is required for a 401k or ira? never had this requirement in the past 6 years using turbo tax.

 
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MinhT
Expert Alumni

Do i really need to pay an rmd on my boston teachers pension like is required for a 401k or ira? never had this requirement in the past 6 years using turbo tax.

You do not need to receive a RMD when you receive a pension as all pension payments are considered as RMD.

You can answer Yes to the RMD questions and indicate that you have received 100% of the RMD.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MinhT
Expert Alumni

Do i really need to pay an rmd on my boston teachers pension like is required for a 401k or ira? never had this requirement in the past 6 years using turbo tax.

You do not need to receive a RMD when you receive a pension as all pension payments are considered as RMD.

You can answer Yes to the RMD questions and indicate that you have received 100% of the RMD.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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