I’ve got to take my first RMD in 2022 from a Keogh I’ve had with Schwab for decades. Is it true that I will be required to have 20% of my RMD withheld for federal taxes? Is it possible to avoid the 20% federal withholding and just pay my 2022 tax obligation in my quarterly estimated tax payments? If tax withholding is unavoidable, what percentage of my RMD should be withheld for my Iowa state tax obligation? Thanks.
