U.K Pensions and RMD

I understand that a 401(k) and IRA have RMD from 72 I believe. Are RMD rules the same for your U.K personal or workplace pensions?

From my understanding

There is no mandatory age at which withdrawals must be made.
No contributions allowed allowed after age 75
There is a maximum of about £1m that can be accumulated in all pensions. There is a formula that converts a defined benefit (final salary) into an equivalent value to be drawn down, so the sum of SIPPs and final salary pensions must not exceed £1m.


Have a total maximum value on pensions including final pensions is the UK method of limiting tax deferred pension pots. Overseas pots of money like IRAs are excluded as they did not defer UK taxes during the contributions years.

SIPPs are excluded from inheritance tax, I think they will be taxed at the owner’s marginal tax rate on death.in their final tax return.

Thanks durhamlad.
I was thinking more RMD from a purely IRS perspective on U.K pensions. Do you have to start RMD at 72 on your U.K pension like you would any U.S pension such as a 401(k)? The same for a U.K pension annuity which would be tricky as the RMD increases each year as an annuity payment can stay level.
I guess I’m trying to figure out if the IRS class foreign pensions as they do domestic. There is no direct reporting from the U.K pension provider to the IRS (I don’t think) and just the one line on the 1040 to report income.
I maybe over thinking this….

Thanks durhamlad.
I was thinking more RMD from a purely IRS perspective on U.K pensions. Do you have to start RMD at 72 on your U.K pension like you would any U.S pension such as a 401(k)? The same for a U.K pension annuity which would be tricky as the RMD increases each year as an annuity payment can stay level.
I guess I’m trying to figure out if the IRS class foreign pensions as they do domestic. There is no direct reporting from the U.K pension provider to the IRS (I don’t think) and just the one line on the 1040 to report income.
I maybe over thinking this….

I’m pretty sure that they don’t for the simple reason that  UK pensions have not deferred US taxes when they were accumulated.

There is a maximum of about £1m that can be accumulated in all pensions.

'Accumulated' is a key word here, as it includes gains within pensions.  £1m is currently the lifetime allowance you can withdraw from your pensions (excluding the state pension) without triggering whopping additional tax charges.

So if you think you might be affected, it's worth considering non-pension ways of saving for retirement such as ISAs or taking advantage of capital gains tax allowance.