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If you get monthly payments as part of your retirement plan is this RMD

 
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If you get monthly payments as part of your retirement plan is this RMD

Consider it your RMD. 

MayaD
Employee Tax Expert

If you get monthly payments as part of your retirement plan is this RMD

Pension payments already satisfy the rules for withdrawing a minimum amount per year based on life expectancy.  If you have a traditional pension, answer "yes, this is an RMD".

 

Also, your 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution and you're at least 72 years young, you can be almost certain you received an RMD. Check with your plan administrator if you're still not sure.

 

Required Minimum Distributions

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