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#1
10-04-2007, 09:18 AM
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Off Topic legal question
I was released by my employer and told that they are going to give me a severance package. The Vice-President told me that he just doesn't have enough work for me.
What is a fair severance package? I'm supposedly getting paid through the end of the year in one lump-sum payment. Is this thing taxable and also, I may not be able to get unemployment benefits because my employer was/is a railroad. They are not obligated to pay into the state unemployment fund. Thanks.
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BRING MADDIE HOME. TRUTH IS HEAVY, FEW THEREFORE CAN BEAR IT. TOUGH TIMES DON'T LAST; TOUGH PEOPLE DO !! 
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#2
10-04-2007, 08:50 PM
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couldnt tell you about the unemployment but i was in the same situation and the taxes on the lump sum really hurt!
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#3
10-05-2007, 10:36 AM
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Quote:
That's what I'm afraid of. 
__________________
BRING MADDIE HOME. TRUTH IS HEAVY, FEW THEREFORE CAN BEAR IT. TOUGH TIMES DON'T LAST; TOUGH PEOPLE DO !!
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#4
10-07-2007, 03:31 AM
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put in for unemployment but a total severance package is taxable....but you can still work during that time
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The Big Hungarian MOD@ Bodybuilding4life Meso ASN Premiermuscle Worldclassbodybuilding muscleculture flexmuscle osbb anabolicparadise anabolicwarrior SBI
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