Changes in Income Tax Withholding

New tax withholding tables may reduce the amount of income tax withheld from your benefit payments.

The new tables, prescribed by the Department of the Treasury, reflect the Making Work Pay Credit and other changes resulting from the American Recovery and Reinvestment Act of 2009.  You do not have to submit a new Form W-4P to get the automatic withholding change.  However, if you do not want to have your withholding reduced (because you believe this change may cause you to be under-withheld for the year), you need to submit a new Form W-4P to adjust the allowances you claimed and/or have an additional amount withheld. 

Changes to Form W-4P may be made by: 

• Printing and completing the W-4P (PDF 255KB) or
• Completing the Form W-4P change notice located on the bottom back side of your monthly Notification of Deposit form
  
  Your completed form should be returned to:
  
  State Farm Insurance Companies
  Human Resources Services Center - Corporate South R-C
  Three State Farm Plaza South
  Bloomington, Illinois 61791-0001