(my first RMD distribution from my 401k being a New York resident)
Question, in 2025, I will be receiving my first RMD distribution from my traditional 401k employment benefit being 73 years old. My employment Benefit Center advises my I can have my RMD - Federal tax from my 401k withheld by them and they will make payment to the IRS. However, they do not withhold New York State tax due on the distribution, they require I do that myself. Question: I do not plan on requesting my first RMD payment until Oct/Nov of 2025. Once my RMD payment is requested it will take about five days to hit my checking bank account, can I at that time Oct/Nov just make a estimated tax payment to New York State Dept. of Finance (on their web) to satisfy the tax due? Will I be compliant doing it in that method?
