- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Lump Sum Severance Package question
Posted on 10/7/16 at 12:01 pm
Posted on 10/7/16 at 12:01 pm
are health insurance premiums and 401k payments deducted from the lump sump severance package. I know taxes will be removed but wasn't sure about premiums and 401k.thanks
Posted on 10/7/16 at 12:04 pm to astonvilla
401k yes
Health insurance no
I think health insurance is you pay whatever set rate per month, not based on %of pay.
401k is based on % of pay.
Health insurance no
I think health insurance is you pay whatever set rate per month, not based on %of pay.
401k is based on % of pay.
Posted on 10/7/16 at 12:14 pm to East Coast Band
so I guess the biweekly lump sump equivalent should be more than what I get on a regular biweekly salary?
Posted on 10/7/16 at 12:36 pm to astonvilla
from my experience, a larger percentage of taxes are taken out.....might be incorrect.
Posted on 10/7/16 at 12:40 pm to astonvilla
Money Board. Take this to the Money Board.
Posted on 10/7/16 at 1:27 pm to astonvilla
Generally no to 401k and health insurance.
Popular
Back to top
Follow TigerDroppings for LSU Football News