You'll need to sign in or create an account to connect with an expert.
If you are age 70 1/2 or older, you're required to take an RMD, even from pensions. The difference is that, if you receive a distribution from a pension plan for your regular annual amount, that distribution meets the RMD requirements, so simply say Yes and enter the full amount as an RMD.
If you are age 70 1/2 or older, you're required to take an RMD, even from pensions. The difference is that, if you receive a distribution from a pension plan for your regular annual amount, that distribution meets the RMD requirements, so simply say Yes and enter the full amount as an RMD.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Kewpie60
New Member
ee246
Level 1
FFuchs
New Member
FFuchs
New Member
EliseInAZ
Level 2