Ask Terry Questions Social Security withholding

Social Security withholding

By Terry Savage on December 01, 2024 | Financial Planning / Retirement

Terry, when do you turn in your W4-V for Social Security? When applying or after you start receiving benefits?
Thank you and Happy Holidays.

Terry Says

You should file for withholding at the same time as you apply for benefits. They will then automatically take the percentage you choose out of your monthly deposit.

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