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Tax law changes
I just got off the phone with Fidelity and I, too, was told that the default withholdings have decreased and that if I wanted my standard 10% withholding on my RMD distribution I would need to complete Form W4-P. It appears after reading the form that it is for periodic payments and not for my lump sum RMD payment. I'm so confused. I'm going to call Fidelity back.
‎November 3, 2023
7:17 AM