Seniors wishing to increase their net 14th pension payout this September must submit the EPD-21 form to the Social Insurance Institution (ZUS) by the end of August to stop income tax advances. <\/p>\n
The 14th pension payment is approaching, yet many seniors are unaware that they can take action to influence their net benefit. The EPD-21 form allows pensioners to opt out of having income tax advances deducted from their benefits, including the 13th and 14th pensions.<\/p>\n
This is not an additional benefit or a pay raise, but rather the early receipt of money that would otherwise be withheld as tax and refunded only after the annual tax settlement.<\/p>\n
This measure is beneficial primarily for individuals whose annual income does not exceed 30,000 PLN. For this group, opting out of tax advances can increase their September payout by between 175 PLN and 225 PLN, depending on their pension level.<\/p>\n
ZUS applies the EPD-21 form starting from the month following its submission. To ensure the change impacts the upcoming September payment, the document must be filed with ZUS by the end of August.<\/p>\n
The EPD-21 form is not advantageous for everyone. If a senior’s total annual income exceeds 30,000 PLN\u2014due to a second pension, employment, or rental income\u2014opting out of tax advances may lead to an underpayment of tax, resulting in a mandatory tax liability during the annual settlement.<\/p>\n
The EPD-21 form remains valid in subsequent years unless the applicant decides to withdraw it. Seniors should carefully analyze their total financial situation before submitting the document to avoid potential tax debt in 2027.<\/p>\n","protected":false},"excerpt":{"rendered":"
Seniors wishing to increase their net 14th pension payout this September must submit the EPD-21 form to the Social Insurance Institution (ZUS) by the end of August to stop income tax advances. Increasing the 14th pension payout The 14th pension payment is approaching, yet many seniors are unaware that they can take action to influence […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wpai_generated_summary":"","footnotes":""},"categories":[40],"tags":[],"class_list":["post-8435","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/posts\/8435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/comments?post=8435"}],"version-history":[{"count":0,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/posts\/8435\/revisions"}],"wp:attachment":[{"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/media?parent=8435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/categories?post=8435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizonews.com\/pl\/wp-json\/wp\/v2\/tags?post=8435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}