I was unware that I had to RMD from pension. Is anybody aware of this? What did you do?

Mac4848 · ‎April 12, 2022

PattiF · ‎April 12, 2022

All retirement accounts, which include IRAs and pensions, have to follow RMD rules once you reach 72 years of age.

To answer the question in TurboTax, you don't have to figure out your RMD. As long as you are receiving periodic payments, you can check yes, because the administrator of your plan has already calculated this. You would also say that all of the distribution is RMD.

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macuser_22 · ‎April 12, 2022

Your pension payments ARE the RMD so just answer that it was all a RMD.

**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.**

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I was unware that I had to RMD from pension. Is anybody aware of this? What did you do?