When you retire and select your tax withholding for your allowance payments, you will complete the federal W-4P and (if applicable) California DE 4P tax withholding forms. Your selections will remain in effect until you file a new W-4P/DE 4P form with LACERA.
You have the option to change your tax withholding election at any time. The quickest and easiest way to adjust and submit your tax withholding election is on My LACERA. You can also download W-4P and DE 4P forms to complete and sign and then upload, mail, or drop off at LACERA. Your new tax withholding will be reflected on the check that is issued at least 30 days after we receive your form.
LACERA will provide reminders about your option to adjust your tax withholding annually through our Spotlight newsletter and with your January check.
Your decision on withholding tax is an important one. For questions regarding tax matters, consult with a professional advisor; LACERA does not offer tax or legal advice.