What is rmd on retirement plans

hualapai40 · ‎June 3, 2019

LindaA · ‎June 3, 2019

The Required Minimum Distribution is the minimum amount of money you're required to take out of your retirement plan once you turn 70½. The 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution and you're at least age 70½, you can be almost certain you received an RMD. Check with your plan administrator if you're still not sure.

What is an RMD? https://ttlc.intuit.com/replies/3302117

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LindaA · ‎June 3, 2019

The Required Minimum Distribution is the minimum amount of money you're required to take out of your retirement plan once you turn 70½. The 1099-R issuer is required to follow RMD rules and regulations, so if you received a distribution and you're at least age 70½, you can be almost certain you received an RMD. Check with your plan administrator if you're still not sure.

What is an RMD? https://ttlc.intuit.com/replies/3302117