The “Making Work Pay” tax credit expired December 31, 2010. As a result, you may see an increase in the amount of Federal income tax being withheld from your monthly annuity payments. The tax withholding tables published by the Internal Revenue Service (IRS) were adjusted to provide for the correct withholding amounts without this credit. The tax rates did not change; only the tax withholding tables changed.
For more information concerning the 2011 Federal tax withholding tables go to IRS Notice 1036, TABLE 4—MONTHLY Payroll Period. For other questions on Federal taxes, go to www.irs.gov.
There was an unexpected error when performing your action.
Your error has been logged and the appropriate people notified. You may close this message and try your command again, perhaps after refreshing the page. If you continue to experience issues, please notify the site administrator.