you can voluntarily have Social Security withhold federal income tax by filing IRS Form W-4V. You may have 7%, 10%, 12% or 22% withheld. As far as state income tax is concerned, most states do not ...

While some deductions are optional, garnishments and levies for federal debts and court orders can slash retirement benefits.

You have to pay federal income taxes on unemployment benefits, but these payments are not subject to Social Security and ... benefits by submitting IRS Form W-4V Voluntary Withholding Request ...