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I get a pension check each month. Every year it is the same amount. Is this what is called RMD?

Line 7 has a 2 posted.  Whar does that mean
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I get a pension check each month. Every year it is the same amount. Is this what is called RMD?

Form 1099-R box 7 code 2 -

2—Early distribution, exception applies (under age 59½).

 

There is not an RMD question for pension payments if you are under age 70 1/2.

 

Go to this IRS website for RMD information - https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-di...

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