https://ttlc.intuit.com/community/retirement/discussion/i-ve-received-benefits-from-opm-retirement-operations-for-8-years-are-these-withdrawals-thought-to/01/670050#M63862 Thu, 06 Jun 2019 10:18:59 GMT pgigone 2019-06-06T10:18:59Z https://ttlc.intuit.com/community/retirement/discussion/i-ve-received-benefits-from-opm-retirement-operations-for-8-years-are-these-withdrawals-thought-to/01/670050#M63862 Thu, 06 Jun 2019 10:18:59 GMT https://ttlc.intuit.com/community/retirement/discussion/i-ve-received-benefits-from-opm-retirement-operations-for-8-years-are-these-withdrawals-thought-to/01/670050#M63862 pgigone 2019-06-06T10:18:59Z https://ttlc.intuit.com/community/retirement/discussion/yes-if-you-are-over-age-70-1-2-virtually-all-pension-pl/01/670060#M63863 <P>Yes, if you are over age 70 1/2.</P><P>Virtually all pension plans in existence today fall under section 401 of the tax code and they all require RMD's after age 70 1/2.&nbsp; The question is just to be sure that the requirement was met.&nbsp; If you receive periodic (monthly) payments from any pension plan you can be assured that the custodian of the plan is meeting the requirements so you can safely answer "yes" to the question. <BR /><BR />The answer to the question does not go on your tax return, it is simply to make sure you do not owe any penalty for not taking the RMD.<BR /><BR /><A href="https://ttlc.intuit.com/replies/3302117" target="_blank">https://ttlc.intuit.com/replies/3302117</A></P> Thu, 06 Jun 2019 10:19:00 GMT https://ttlc.intuit.com/community/retirement/discussion/yes-if-you-are-over-age-70-1-2-virtually-all-pension-pl/01/670060#M63863 macuser_22 2019-06-06T10:19:00Z