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Adjust federal income tax withholding

Why

PBGC is required to withhold federal taxes from your pension benefit unless you inform us otherwise. You have three options: 1) no withholding; 2) withholding a fixed dollar amount; or 3) automatic withholding based on your marital status and number of exemptions. If you do not make an election, we automatically withhold federal taxes as if you are a married individual with three exemptions.

You may change your election at any time.

Different withholding rules may apply if your mailing address is outside the United States or its territories.

How

  • Use our online service to update your contact information
  • OR
  • Print this form, complete it and mail it to PBGC: Federal Tax Withholding Form
  • OR
  • Call PBGC's Customer Contact Center to request a federal tax withholding form.
    • Call at (800) 400-7242. For TTY/TDD users, call the federal relay service toll-free at (800) 877-8339 and ask to be connected to the number above.
    • Remember to have your social security number, plan name and case number ready for the customer service representative so that they are better able to help you.