- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I don't know what my required minimum distribution is i have always taken more than required. this is the first time i was asked this question
Topics:
2 Replies
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I don't know what my required minimum distribution is i have always taken more than required. this is the first time i was asked this question
If this is a regular pension plan then all of your distributions are RMDs.
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I don't know what my required minimum distribution is i have always taken more than required. this is the first time i was asked this question
The IRS requires you take a minimum from your retirement accounts. If you are receiving regular monthly payments, you are taking the RMD. If you took money from an IRA, the bank or broker would tell you the amount that needs to be taken.
**Join us for our "All about the refund" event, sign up here
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Still have questions?
Make a post
Or browse the Forums