Is it too late to start tax withholding in April from a pension? I've decided I would rather withhold from my pension than deal with estimated taxes. This is the first year we've needed to make the decision, and any election now to start withholding won't occur until the April pension check (processing delays bypass the March pension check).
I've read somewhat conflicting opinions on tax withholding in retirement. Some indicate the withholding should be reasonably distributed throughout the tax year, at least in relation to the income being taxed. Others indicate that the total withholding for the year is all that matters.
I've read somewhat conflicting opinions on tax withholding in retirement. Some indicate the withholding should be reasonably distributed throughout the tax year, at least in relation to the income being taxed. Others indicate that the total withholding for the year is all that matters.