topic If retired at age 62, receiving monthly payments from State of Oregon PERS plan, now at 70 1/2 there should be no RMD to collect, right? in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/if-retired-at-age-62-receiving-monthly-payments-from-state-of-oregon-pers-plan-now-at-70-1-2-there/01/320764#M27900 Mon, 03 Jun 2019 19:11:02 GMT pam-river97 2019-06-03T19:11:02Z If retired at age 62, receiving monthly payments from State of Oregon PERS plan, now at 70 1/2 there should be no RMD to collect, right? https://ttlc.intuit.com/community/retirement/discussion/if-retired-at-age-62-receiving-monthly-payments-from-state-of-oregon-pers-plan-now-at-70-1-2-there/01/320764#M27900 Mon, 03 Jun 2019 19:11:02 GMT https://ttlc.intuit.com/community/retirement/discussion/if-retired-at-age-62-receiving-monthly-payments-from-state-of-oregon-pers-plan-now-at-70-1-2-there/01/320764#M27900 pam-river97 2019-06-03T19:11:02Z Once you reach age 70.5 the tax software asks that about... https://ttlc.intuit.com/community/retirement/discussion/once-you-reach-age-70-5-the-tax-software-asks-that-about/01/320770#M27903 <P>Once you reach age 70.5 the tax software asks that about any 1099-R you enter.&nbsp;&nbsp;</P><P>For a pensions paying out monthly, you just start saying Yes that it was an RMD and all of it was an RMD.</P><P>Even for regular pension payouts, an RMD is required...but you have no control over it...and the pension provider is paying you the appropriate RMD.</P><P>________________________</P><P>You only need to worry the proper RMD for things like IRA payouts..or 401k payout here&nbsp; you control what $$ are distributed.</P> Mon, 03 Jun 2019 19:11:03 GMT https://ttlc.intuit.com/community/retirement/discussion/once-you-reach-age-70-5-the-tax-software-asks-that-about/01/320770#M27903 SteamTrain 2019-06-03T19:11:03Z