topic Re: pensions and RMD in Retirement tax questions

pensions and RMD

roy35 — Mon, 17 Feb 2025 21:30:55 GMT

if you take a pensions with monthly payments, is this monthly pension considered to be all of the required RMD for that pension

Re: pensions and RMD

AmyC — Mon, 17 Feb 2025 21:37:42 GMT

Yes. A pension plan automatically ensures you get the RMD.

Re: pensions and RMD

VolvoGirl — Mon, 17 Feb 2025 21:42:16 GMT

Yes. Say all of it is the RMD. If you need to start taking the RMD it will ask you if it is the RMD. Say yes. Anything your pension pays you is considered to be the RMD. Traditional pensions automatically fulfill the rules of an RMD. So for the RMD question put in the same amount as box 1.