Getty Images, en.elcierredigital.com, nadianb Special message from the United States government and SSA: Do it as soon as possible
This Social Security statement concerns millions of Americans: It will save you a lot of work next year
The United States Government and the Social Security Administration (SSA) have issued an important message for all taxpayers and benefit recipients. This special notice refers to the upcoming year 2026 and aims for you to be a forward-thinking citizen.
The Government, through the IRS, reminds everyone that taxes operate under the "pay as you earn" system. That means that every time you receive a payment, a portion corresponding to federal taxes is already being withheld.
SSA Has the Tool All America Needs: Check Your Withholding
If that withholding isn't adjusted correctly, you could face two uncomfortable situations: an unexpected bill when filing your return or receiving a very large refund, which is equivalent to lending money to the Government without any gain.
That's why the IRS recommends conducting an annual review of your withholding. This is especially useful if your situation changes: you've had a baby, changed jobs, bought a house, or started a business. Essentially, it's about adjusting your withholding today to avoid surprises next year.
IRS Tax Withholding Estimator: Why It's Necessary
This is where the IRS Tax Withholding Estimator comes into play. It's a free and easy-to-use online tool, called the Tax Withholding Estimator. With this, you can clearly analyze whether the withholding will cover your income for the upcoming year, including salary, self-employment work, or Social Security benefits.
You can compare how much is being withheld now against what should be withheld. You can make the necessary adjustments by completing a new Form W‑4 (for employees) or W‑4P (for retirees or people receiving annuities).
The Goal Is Simple: IRS Lends You a Hand
Additionally, if you receive Social Security payments, the SSA has also joined the message. Now there's the option to request that SSA make a voluntary withholding of 7%, 10%, 12%, or 22% of your monthly benefit.
This is done through the "my Social Security" account, where you can start, change, or stop this withholding. The goal is simple: to avoid having to pay a large lump sum at the end of the year and possibly facing penalties.
This notice is important because it directly affects how you manage your money. Withholding too much means having less money available month to month; withholding too little could mean interest, fines, or an unexpected bill. Adjusting your withholding isn't complicated, and doing it in advance can prevent headaches.
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