Form my|CalPERS1289 Tax Withholding Election - California

What Is Form my|CalPERS1289?

This is a legal form that was released by the California Public Employees' Retirement System - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the purpose of the CalPERS Tax Withholding Election form?
A: The form is used to specify the amount of federal income tax to be withheld from your CalPERS retirement benefit.

Q: Who should fill out the CalPERS Tax Withholding Election form?
A: CalPERS members who receive retirement benefits and want to adjust their federal income tax withholding should fill out this form.

Q: What information do I need to fill out the form?
A: You will need your personal information, such as your name, Social Security number, and retirement or beneficiary number. You will also need to specify the amount of federal income tax you wish to have withheld.

Q: How often can I adjust my tax withholding?
A: You can adjust your tax withholding at any time by submitting a new CalPERS Tax Withholding Election form.

Q: Are there any deadlines for submitting the form?
A: There are no specific deadlines for submitting the form, but it's recommended to submit it as soon as possible to ensure accurate tax withholding.

Q: Can I change my tax withholding election in the future if needed?
A: Yes, you can change your tax withholding election by submitting a new CalPERS Tax Withholding Election form at any time.

Q: How will the adjusted tax withholding affect my retirement benefit?
A: Adjusting your tax withholding will determine the amount of federal income tax that will be withheld from your CalPERS retirement benefit.

Q: Can I consult a tax professional for help with completing the form?
A: Yes, you can consult a tax professional if you need assistance in completing the CalPERS Tax Withholding Election form or have specific tax-related questions.