Prior to making a withdrawal, please consult with a tax advisor for more information on your personal tax liability and situation.
For a qualified distribution, no taxes should be deducted for federal or state withholding when you make a withdrawal. For non-qualified distributions in which earnings are being withdrawn, you will have the option to withhold federal taxes at the time of withdrawal, but it is not required.
When taking a non-qualified distribution, you may also need to withhold state income tax from your earnings. We are required to withhold at least the minimum state income tax required, which may be higher than the amount you select. Every state's withholding requirement differs. If you are unsure of your state's requirements, how much to withhold, or your tax liability, please consult a tax advisor.
Note that for a withdrawal to be considered qualified, the account holder must be 59 ½ years or older and have held a Roth IRA account for at least 5 years. Other exemptions for the penalty may apply.