Retirement > MERS > Retiree > Federal & State Income Tax Withholding
9. Must federal income tax be withheld from my retirement benefit?
No. You may choose not to have federal income tax withheld from your monthly retirement payment, by indicating your choice on a Withholding Preference Certificate, Form W-4P. Click here to download a blank Form W-4P. Until we receive your completed Form W-4P, taxes must be withheld as if you are married with 3 dependents. NOTE: If you choose not to have federal withholding tax withheld from your monthly retirement payment, you may be required to file a quarterly estimated tax. Please contact a tax advisor or the IRS for further information.