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Message
re: Bonus - Tax Implications
Posted on 7/2/14 at 11:01 am to Mr. Curious
Posted on 7/2/14 at 11:01 am to Mr. Curious
quote:
About to receive a 100% bonus as a retention incentive.
That is a hell of a retention incentive.
1
Posted on 7/2/14 at 12:07 pm to barry
Defer as much as you can to Qualified plans, as mentioned before. I changed on my benefits package that more be held specifically from bonuses for traditional 401k contributions vs what comes from my salary/commissions. Employers typically w/h the max from your bonuses.
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