Attention: Connecticut Residents
Effective January 1, 2018, the state of Connecticut will begin requiring that state income tax be withheld at a rate of 6.99% from the taxable portion of any lump sum (total) distribution from qualified retirement plans and IRAs held by Connecticut residents. Other taxable distributions, such as partial distributions, required minimum distributions and systematic withdrawals will also be subject to the same withholding rules unless you instruct otherwise.
Beginning January 1, 2018 John Hancock will withhold 6.99% Connecticut state income tax on all non-lump sum distributions from your retirement account unless you complete a Connecticut Form CT-W4P to claim your state withholding code and any adjustments.
Click on the Submit Online button below to submit Form CT-W4P online using an electronic signature. Your electronic signature will be unique, documentable, encrypted and tamper-evident.
