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What are my options for having taxes withheld and how long will my election remain in effect?

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What are my options for having taxes withheld and how long will my election remain in effect?

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Once you elect a tax withholding preference, that preference will remain in effect until you change it. You may elect no withholding; withholding based on the tax table, or on the tax tables plus an additional monthly amount; or a specified dollar amount. CalSTRS automatically adjusts the withholding each year to reflect any changes to the tax table or changes in your monthly taxable payment. You may change your tax preference at any time. Download and follow the instructions to submit the Income Tax Withholding Preference Certificate form. If you are a registered myCalSTRS user, you can view your current tax withholding elections. Login to myCalSTRS and go to the “Account Profiles” page, then click the “Tax Info” button under the “CalSTRS” profile tab.

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