RMD requirements

mikult — Mon, 15 Mar 2021 17:25:35 GMT

I have several IRA accounts that I need to take a yearly RMD from. I use the government RMD table to take out the minimum each year. When I retired I also got a pension from the company I worked for. This is a set amount each month of which I have no control over. I did not contribute any pre or post tax money to this. My question is this: can the monthly pension be considered an RMD and factored in to the total amount that I need to take from the IRA pre tax accounts that I have? By doing this I would need to take less from the IRA pre-tax accounts since the monthly pension money would be factored into the total amount required to be taken each year,

Thanks for your help and advice.

Re: RMD requirements

MinhT1 — Mon, 15 Mar 2021 17:43:56 GMT

No, your monthly pension payments do not count as RMDs for your IRA accounts.

Please read this IRS document for more information.

topic Re: RMD requirements in Retirement tax questions

RMD requirements

Re: RMD requirements