More specifically this RF transmitter which has an incorporated led driver: http://www.mouser.com/ds/2/368/Si4012-35123.pdf
It specifies 4 levels of current on the LED output pin but nothing on voltage overhead. This IC is going to be powered from a 3.3V rail. Will a 1.6-1.8 forward Voltage LED be OK to tie directly to the LED output pin as shown in their diagram ?
5.2.3. PROPERTY: LED_INTENSITY Purpose: LED current drive strength Property: 0x11 Default: 0x00 Fields: LedIntensity [1:0]—LED intensity 00: LED off 01: 0.37 mA 10: 0.60 mA 11: 0.97 mA.