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New Member
posted Apr 15, 2024 7:32:30 AM

My relative withdraws all of the funds from a foreign military pension (through late husband) annually. Does that mean "the entire distribution was a RMD"?

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Expert Alumni
Apr 15, 2024 7:39:56 AM

Yes.  RMD rules apply to all employer-sponsored retirement plans, such as pensions, profit-sharing, 401(k), 403(b), and 457(b) plans, as well as traditional IRAs and IRA-based plans, such as SEPs, SARSEPs, and SIMPLE IRAs. However, RMDs aren't required for Roth IRAs while the owner is still alive.

 

Your 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution, and you're at least 73 years young, you can be almost certain you received an RMD.

 

Check with your plan administrator if you're still not sure.