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Brown Cafe UPS Forum
UPS Retirement Topics
How much are taxes on pension ?
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<blockquote data-quote="Round the block again" data-source="post: 4556875" data-attributes="member: 66941"><p>I retired January 2020, for what I get 4,000 they take out $474.00 a month federal taxes. But none for state So what’s best for me to save up. I’m in New York and save 200 a month for state tax. Will I get money back from federal at tax time? </p><p>I wish they could tell you more what to expect when you retire.</p></blockquote><p></p>
[QUOTE="Round the block again, post: 4556875, member: 66941"] I retired January 2020, for what I get 4,000 they take out $474.00 a month federal taxes. But none for state So what’s best for me to save up. I’m in New York and save 200 a month for state tax. Will I get money back from federal at tax time? I wish they could tell you more what to expect when you retire. [/QUOTE]
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How much are taxes on pension ?
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