Compensation Planning Insurance Coverage Planning Taxes 
Carson Wealth
JULY 19, 2022
At their most basic level, executive compensation plans are designed to attract, retain and motivate top talent and leadership. But truly successful plans are designed to be much more than providing a high salary to a key employee – they support the business’s philosophies, values, and mission. .
Walkner Condon Financial Advisors
JUNE 27, 2023
As it turned out, financial planning is where I felt I could have the most impact. I wanted to help others with financial planning and advice. Severance pay is taxable and will be included on your W-2 for tax purposes. Expect federal and state taxes to be withheld. Unemployment insurance. This is uncommon.
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Walkner Condon Financial Advisors
JUNE 27, 2023
As it turned out, financial planning is where I felt I could have the most impact. I wanted to help others with financial planning and advice. Severance pay is taxable and will be included on your W-2 for tax purposes. Expect federal and state taxes to be withheld. Unemployment insurance. This is uncommon.
Cordant Wealth Partners
DECEMBER 2, 2022
Most recently, Intel announced layoffs impacting 11% of the workforce in the fall of 2022 with a plan to cut $3 billion in costs over the next year. It’s important to note, severance payouts are taxed, and taxed as ordinary income in the year of payout. Tax planning for a transition out of Intel is critical.
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