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June 7, 2019
Question

How do you answer the RMD question for a monthly pension distribution?

  • June 7, 2019
  • 2 replies
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When you get a monthly pension payment after retirement, is this considered an RMD? It's not an RMD in the same sense as an annual calculated distribution from an IRA, but if I answer the RMD question as "no" I don't want to trigger a penalty calculation.

2 replies

June 7, 2019
Updated 02/15/2017 with new content (see below)
June 7, 2019

Technically, a monthly pension payment  is considered a Required Minimum Distribution (RMD) and the entire amount is an RMD. That is how you need to answer the questions.

https://ttlc.intuit.com/replies/5021418