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For federal taxes, the IRS generally requires automatic withholding of 20% on most types of retirement distributions, including Required Minimum Distributions (RMDs). However, you can choose to withhold more or less by submitting Form W-4P to your retirement plan administrator.

As for state taxes, it varies by state. Some states don't tax retirement income at all, while others do. You'll need to check the rules in your specific state. If your state does tax retirement income, you can usually specify the amount you want to withhold for state taxes when you request your RMD.

Remember, the amount you choose to withhold for taxes can impact whether you owe money or get a refund when you file your tax return. It's a good idea to consider your overall tax situation when making this decision.

Because an RMD cannot be rolled over, the mandatory 20% tax withholding does not apply. Rather, the default withholding rate is 10% of the RMD amount; however, a participant can elect to have more or less withheld, and may even choose to waive withholding altogether. Absent a specific employee election to the contrary, the default withholding should be 10%.