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mmlautt
New Member

RMD? Box 11 on 1099-R in is NOT checked. Get monthly pension from California Public Employees' Retirement System. How do I answer the question?

Have no idea about RMD and the questions asked do NOT help me to know Will appreciate helping me as I am 91 and this is so confusing for me.
2 Replies
ColeenD3
Expert Alumni

RMD? Box 11 on 1099-R in is NOT checked. Get monthly pension from California Public Employees' Retirement System. How do I answer the question?

It is most likely an RMD. Once you reach the right age, plan administrators calculate these amounts for you. The monthly distribution is a key factor.

 

Required Minimum Distributions (RMDs) generally are minimum amounts that a retirement plan account owner must withdraw annually starting with the year that he or she reaches 72 (70 ½ if you reach 70 ½ before January 1, 2020), if later, the year in which he or she retires. However, if the retirement plan account is an IRA or the account owner is a 5% owner of the business sponsoring the retirement plan, the RMDs must begin once the account holder is age 72 (70 ½ if you reach 70 ½ before January 1, 2020), regardless of whether he or she is retired

 

 

TLCosta
Returning Member

RMD? Box 11 on 1099-R in is NOT checked. Get monthly pension from California Public Employees' Retirement System. How do I answer the question?

My mother in law is 76, receives California Public  Employees' Retirement System money monthly.  is this considered RMD?  In box 11 it says 1st year of desig Roth contrib.

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