freedomatlast
Thinks s/he gets paid by the post
- Joined
- Oct 27, 2013
- Messages
- 1,189
I've been receiving a pension from my former employer for several years. The amount of the pension does not change and there is no COLA adjustment from year to year.
Starting with February of this year, the amount of Federal tax being withheld has decreased substantially. I have not requested any changes in the withholding amount and when I call the plan administrator, they have no clue as to why, and their only comment is to consult a tax advisor.
Is anyone else that is receiving a MegaCorp pension seeing a difference from month to month or year to year in the federal tax withholding amount?
If so, do you know why it is changing?
Thanks.
Starting with February of this year, the amount of Federal tax being withheld has decreased substantially. I have not requested any changes in the withholding amount and when I call the plan administrator, they have no clue as to why, and their only comment is to consult a tax advisor.
Is anyone else that is receiving a MegaCorp pension seeing a difference from month to month or year to year in the federal tax withholding amount?
If so, do you know why it is changing?
Thanks.