A severance package extends a monetary payment to an outgoing employee or group of employees, typically when they are terminated for business reasons, such as during a round of layoffs. Additionally, ...
You can also donate some of it to charity and take the deduction. You can reduce your tax bill on a severance package by directing the money to an IRA. Consider putting some of your severance into an ...
or early retirement with the renewed severance package. "The personnel restructuring is aimed at creating a flexible and efficient work environment. We are offering multiple options to the ...
J.D. Strong was awarded a $169,341 severance package when he left employment as head of the Oklahoma Department of Wildlife Conservation. The Oklahoma Wildlife Conservation Commission met Dec.