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New Member
posted Feb 16, 2023 5:21:12 PM

Is RMD considered after my husband has been getting Retirement for 10+ years & just turned 73 in 2022?

Turbo Tax asks the question is this withdrawal RMD.  He gets a monthly payment.

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2 Replies
Level 15
Feb 16, 2023 5:30:12 PM

Say all of it is the RMD.  If you are 72  it will ask you if it is the RMD.  Say yes.  Anything your pension pays you is considered to be the  RMD.  Traditional pensions automatically fulfill the rules of an RMD.

Expert Alumni
Feb 16, 2023 5:34:08 PM

Yes. All your pension income counts as a required minimum distribution because you get a fixed amount, unlike an individual retirement account where you decide how much you want to take out.

 

See Are pension payments considered RMDs?