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Level 1
posted Feb 3, 2024 2:06:44 PM

How do I determine if I need to withdraw Required Minimum Distribution. I am totally confused.

I am a 73 old retired federal employee  ith a monthly pension. I do not understand how to answer the Required Minimum Distribution question. Do I oick entire RMD, partial RMD or zero RMD?

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1 Replies
Level 15
Feb 3, 2024 2:12:26 PM

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.