Income tax withholding rules for required minimum distributions - can participant opt out?

[Guest yannib]

what are the requirements for taxes on RMDs? Is it considered an installment and the participant has to fill out a W-4p? Can the participant elect not to withhold 10% at the time of the distribution?

[FundeK]

An RMD is not eligible for rollover, therefore, the participant can choose whatever withholding they would like. We default to 10%, but allow a lesser withholding.

[Appleby]

An RMD is not eligible for rollover, therefore, the participant can choose whatever withholding they would like.  We default to 10%, but allow a lesser withholding.

Unless the distribution is an annuity, the withholding must be at least 10%…the only lesser than 10% withholding that is allowed is zero

yannib ---Yes. The participant must complete form W-4P to make the withholding election. Failure to make an election would result in a withholding of 10%