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I know RMDs are suspended for 2020; I'm asking about next year. If part of a pension payment is considered RMD, does that reduce the RMDs from IRAs?

 
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2 Replies

I know RMDs are suspended for 2020; I'm asking about next year. If part of a pension payment is considered RMD, does that reduce the RMDs from IRAs?

No.  IRA RMD's are totally separate from other types of retirement plans.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
MinhT1
Expert Alumni

I know RMDs are suspended for 2020; I'm asking about next year. If part of a pension payment is considered RMD, does that reduce the RMDs from IRAs?

No. Pension payments cannot be counted as RMDs for IRA accounts. IRA RMDs must come from IRAs.

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