MaryK4
Expert Alumni

Retirement tax questions

Your paycheck withholdings would not increase if you are retired and do not get a paycheck.

 

The amount withheld depends on:

  • The amount of income earned and
    • Filing status: Either the single rate or the lower married rate.
    • Number of withholding allowances claimed: Each allowance claimed reduces the amount withheld.
    • Additional withholding: An employee can request an additional amount to be withheld from each paycheck

From Tax withholding: How to get it right

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