While severance packages can be advantageous, they are often not legally mandatory. Learn about severance pay to see if you should offer it. Severance pay is typically offered to employees who are ...
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.
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 ...