pension plan

[ggsmall]

when I enter my pension plan it asks me how much was an RMD...this is a monthly qualified

pension....why is it asking me this ?    I did get an RMD from my IRA and entered it.

What do I do ?

[Bsch4477]

Just say it satisfies your RMD and continue on your way. 

[ggsmall]

This is a ridiculous response.   There is a software issue and it should be solved.  The SW should be updated.

Not a solution

[LindaB1993]

The program ask this question because of the RMD rules.

The Required Minimum Distribution (RMD) rules apply to:

• All employer-sponsored retirement plans, including profit-sharing plans, 401(k) plans, 403(b) plans, and 457(b) plans.
• Traditional IRAs and IRA-based plans such as SEPs, SARSEPs, and SIMPLE IRAs.
• Roth 401(k) accounts.

If you are receiving your monthly pension check, then yes, you are receiving the RMD.