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atutwigy
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Where do I find RMD info on a R-1099 from military retirement pay? isn't all of my pay an RMD?

 
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Where do I find RMD info on a R-1099 from military retirement pay? isn't all of my pay an RMD?

@atutwigy 

 

YES....all of it is an RMD.   Your regular payments are determined automatically by DFAS and all of it is the proper RMD.

 

Things like a TSP/401k account, or IRA accounts need to have distributions every year once you reach the magic retirement age of (70.5 for some, but 72 for most people now).....and the RMD for those types of accounts are not automatically distributed...you have to make sure you take out the proper amount every year from thos

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
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