How do I change my federal tax withholding?

You may change your election by completing a Form W-4P from the IRS or completing the Fund’s federal and state tax withholding form which we will create and send to you. Your signature is required on any of the above mentioned options which can be mailed or faxed to the Fund. If you need the […]

Are participant’s retirement annuity benefits subject to federal income tax?

Retirement benefits are subject to federal income tax. However, participant contributions made prior to January 1, 1982 were taxed as income at the time you the participant received that payroll and are non- taxable as distributed by the Fund as retirement income. Each year a portion of retirement income will be considered non-taxable (excluded) until […]