I don't understand what the RMA is, we receive a monthly pension .
when entering the 1099 R on this form, what does it mean by the RMD
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1 Replies
LindaA
Expert Alumni
Jun 6, 2019 5:22:01 AM
RMD stands for Required Minimum Distribution. This is the minimum amount of money you are required to take out of your retirement plan once you turn 70½. If you are 70½ or older, you can be almost certain you received an RMD.