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TAX UPDATES FOR RETIREES
Effective 02/01/2009 -
If you want federal income tax to be withheld, you must designate the
number of withholding allowances on line 2 of Form W-4P and indicate
your marital status by checking the appropriate box. Under current law,
you cannot designate a specific dollar amount to be withheld.
However, you can designate an additional amount to be withheld on line
3.
Caution: If you do not
submit Form W-4P to your payer, the payer must withhold on periodic
payments as if you are married claiming three withholding allowances.
Generally, this means that tax will be withheld if your pension or annuity
is
at least $1,600 a month.
2009
WITHHOLDING FORM
ALL HEALTH RELEATED QUESTIONS ARE NOW HANDLED BY BENEFITS
ADMINISTRATION.
WAYNE COUNTY P/HR BENEFIT ADMINISTRATION DIVISION
600 RANDOLPH ST, ROOM 107
DETROIT, MI 48226
313-224-7721
Copyright © 2004 Wayne County Employees Retirement
System
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POAM / WCSDA
What you need to know about the proposed retirement incentive
Frequently Asked Questions
Deferred Compensation
Performance
Hartford
Life Insurance Companies
Great-West
Retirement Services
Nationwide
Retirement Solutions
Defined Contribution
Plan 4 & Retirement Savings Plan 5 Performance
Click here
to see the next scheduled meeting
All meetings will be held
at the Wayne County
Employees' Retirement
System Offices located at
28 W. Adams, Suite 1800
and will begin at 9:15 am
unless otherwise posted.
Office Hours:
Monday thru Friday
8:00 am to 4:30 pm
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