Does a simple postal retirement have anything to do with a Required Minimal Distribution (rmd) ?

Does a rmd (Required Minimal Distribution) have anything to do with a simple postal retirement ?

posted

Sort of. Say all of it is the RMD. If you are 72 it will ask you if it is the RMD. Say yes. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD.

Backdoor Roth IRA 2024 - Turbotax is taxing the entire amount of the conversion (which is incorrect - the conversion amount is the same amount as the basis from the non-deductible IRA that I am converting to Roth.

in Retirement tax questions

Expert does your taxes

Do it yourself

Resources

Support

Does a simple postal retirement have anything to do with a Required Minimal Distribution (rmd) ?

Does a simple postal retirement have anything to do with a Required Minimal Distribution (rmd) ?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Does a simple postal retirement have anything to do with a Required Minimal Distribution (rmd) ?

Do you have an Intuit account?

Does a simple postal retirement have anything to do with a Required Minimal Distribution (rmd) ?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert