Letter Regarding January Tax Withholding from TRS

Teacher Retirement System of Texas (TRS) annuitants recently received a letter dated January 14, 2022 detailing January annuity payments and the projected difference in IRS withholdings as compared to December 2021. The Texas Retired Teacher Association (TRTA) has heard from many retirees who are confused by the letter, as their deductions have changed dramatically relative […]