I receive about $45,000 in monthly amounts from my pension. I have a couple of traditional IRA's that total about $150,000. I will be 72 years old this year. Do I still need to take an RMD from my traditional IRA's?
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UPDATED FOR TAX YEAR 2019
Yes - The pension payments only meet the RMD requirement of the pension.
Traditional IRA RMDs can only be aggregated with other traditional IRA RMDs.
UPDATED FOR TAX YEAR 2019
Yes - The pension payments only meet the RMD requirement of the pension.
Traditional IRA RMDs can only be aggregated with other traditional IRA RMDs.
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