For 2017, the amount of federal tax being withheld from your monthly benefit payments (if any) may change because the withholding tables have changed. If your payments are less than $1,720 a month, we will not withhold income tax from those payments unless you specifically request withholding, or have already done so. Until you file a new election with us, your prior choice as to whether to have withholding, and on what basis will remain in effect. You may change your election using a Form W-4P and sending to the DPFP office. There is no need to complete the form unless you wish to change the election you have already made. If you make a change, it will be put into effect for the next month end payment, provided we receive the form by the 15th of the month.