OK now I recall one rep saying that the IRS recently recharacterized the RMD as periodic. It wasn't before. So that is why they need an updated W-4P. This is why I was asking here. Got the feeling they might be incorrect in their interpretation of the new rule but wanted to check. The RMD is mandatory, of course, and sent annually whether or not I request. That does seem periodic.
UPDATE: Just spoke with Fidelity to "update" my W-4P per their requirement. All the steps/lines on the form are 0 or blank for me. When we were done with the form, I asked how much tax would be withheld by Fidelity and the reply was, "You need to speak to your tax preparer to find out what tax bracket you are in." So, I asked about state taxes and if they had a form for that and they said, "We no longer withhold taxes for state." Guess I am doing an estimated tax payment for state. 😑
