When your death is reported, DFAS will reclaim your final month's pay and audit your account. This is because your entitlement to retirement pay ends on the date of your death. In most cases, the Arrears of Pay will be only the pro-rated amount of your final month’s retirement pay. This is called your Arrears of Pay (AOP). Make the Payment of Your Final Paycheck Easier for Your Loved OnesĪfter you pass away, a one-time payment of your final paycheck is made to a beneficiary. Retirees are advised to contact their tax preparer or financial advisor. Note: Updating this information is not required for current military retirees, military members or federal employees.Ĭustomers who wish to adjust Federal Income Tax Withholding may complete and submit 2020 IRS W-4 information.Įmployees that have questions can contact their servicing human resource office, payroll office and/or customer service representative. Once Edit is selected, the input screen will reflect the 2020 W-4 format Upon selecting the Federal Withholding option, myPay will display the customer’s current federal withholding election. ATTENTION: The following information is for military members (all services and components, federal civilian employees and military retirees.Īll military members, military retirees and federal civilian employees using the myPay pay management application can submit or update their IRS Form W-4 (Employee’s Withholding Certificate) using the redesigned 2020 format to ensure sufficient federal income tax withholding is applied to their pay account.
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