Question
Required Minimum Distributions (RMD)
I reached age 72 in late 2021 and was therefore subject to the RMD from my thrift savings plan. I have been getting monthly payments from this account but didn't bother to calculate what the minimum requirement would be for 2021. The fund managers informed me in January 2022 that I hadn't met my RMD for 2021 and subsequently distributed the remainder to me in March 2022. The way I read the rules surrounding the RMD, this is okay as long as I received the full amount prior to April1, 2022. However, the way TurboTax poses the question it leads one to believe that I should have received it all in 2021.
Is my interpretation correct or should I have received the entire amount in calendar year 2021?
