Have You Adjusted Your Tax Withholding at Work?


Millions of Americans got tax refunds that were smaller than they were expecting. But there’s a simple explanation: It was because of the Tax Cuts and Jobs Act, which doubled the standard deduction and removed a lot of exemptions. Listen to Ric Edelman explain what you can do to adjust your withholding to reflect the new law and maybe help avoid the problem of a big surprise next year. 

This material was prepared for informational and/or educational purposes only. Neither Financial Engines Advisors L.L.C (also referred to as Edelman Financial Engines) nor its affiliates offer tax or legal advice. Be sure to consult with a qualified tax or legal professional regarding the best options for your particular circumstances.