Tax Cuts and Jobs Act and Your Paycheck

Jan. 30, 2018

The Department of Treasury has released the income tax withholding tables that are reflective of the changes stemming from the Tax Cuts and Job Act which was passed in December. The paychecks that are issued on or after January 29th will be processed using the new withholding tables, therefore you may notice a change in your net pay amount.

With these changes, it is a good time for you to review your W-4 withholding elections on Bearweb, as well as your voluntary retirement contributions and other payroll deductions.

Please contact Human Resources at 254-710-2000 or if you have any questions.