Is RMD "retirement income"? Previous response didn't answer this question, but thanks anyway.
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1 Best answer
macuser_22
Level 15
Jun 7, 2019 5:38:31 PM
Of course it is. A RMD is no different that any other distribution form a retirement account - only that it is required.
2 Replies
VolvoGirl
Level 15
Jun 7, 2019 5:38:29 PM
Are you asking because when you entered your pension it asked if you took the RMD? If you are 70 1/2 it will ask you if it is the RMD. Say yes. Anything your pension pays you is considered to be the RMD.
RMD stands for Required Minimum Distribution
macuser_22
Level 15
Jun 7, 2019 5:38:31 PM
Of course it is. A RMD is no different that any other distribution form a retirement account - only that it is required.