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Is there an RMD on a pension plan? The whole amount is taxable when I get my payment every month.

 
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Is there an RMD on a pension plan? The whole amount is taxable when I get my payment every month.

Say all of it is the RMD. If you are 72 it will ask you if it is the RMD. Say yes. The pension doesn't need to calculate any RMD. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD.

Is there an RMD on a pension plan? The whole amount is taxable when I get my payment every month.

If you are age 72 or older the entire pension income for the year as reported on the Form 1099-R box 1 is an RMD.

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