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I know i need to pay an rmd on my ira and my wifes inherited ira. turbo tax implies i need to pay rmd on my opm retirement. do i need to pay rmd on 1099r opm retirement

 
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ToddL
New Member

I know i need to pay an rmd on my ira and my wifes inherited ira. turbo tax implies i need to pay rmd on my opm retirement. do i need to pay rmd on 1099r opm retirement

Your OPM pension is subject to RMD requirements, but you do not need to do anything - the monthly payments are considered Required Minimum Distributions and meet the RMD rules.

https://ttlc.intuit.com/replies/5785737

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1 Reply
ToddL
New Member

I know i need to pay an rmd on my ira and my wifes inherited ira. turbo tax implies i need to pay rmd on my opm retirement. do i need to pay rmd on 1099r opm retirement

Your OPM pension is subject to RMD requirements, but you do not need to do anything - the monthly payments are considered Required Minimum Distributions and meet the RMD rules.

https://ttlc.intuit.com/replies/5785737

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