Comments on: Does your severance pay get dispersed weekly or all at once? http://www.web-player.com/does-your-severance-pay-get-dispersed-weekly-or-all-at-once/ Everything You Want Thu, 09 Feb 2012 08:38:31 +0000 http://wordpress.org/?v=2.7-beta2 hourly 1 By: Adam G http://www.web-player.com/does-your-severance-pay-get-dispersed-weekly-or-all-at-once/comment-page-1/#comment-29095 Adam G Sun, 08 Apr 2007 12:31:52 +0000 http://www.web-player.com/does-your-severance-pay-get-dispersed-weekly-or-all-at-once/#comment-29095 Did you sign a release document when you were laid off? If so, that document should indicate the payment terms. There is no rule here - only company practice. BTW - most, if not all States allow you to collect unemployment and severance at the same time, so this will not negatively impact you. Did you sign a release document when you were laid off? If so, that document should indicate the payment terms. There is no rule here - only company practice.

BTW - most, if not all States allow you to collect unemployment and severance at the same time, so this will not negatively impact you.

]]> By: bdancer222 http://www.web-player.com/does-your-severance-pay-get-dispersed-weekly-or-all-at-once/comment-page-1/#comment-29094 bdancer222 Thu, 05 Apr 2007 19:47:11 +0000 http://www.web-player.com/does-your-severance-pay-get-dispersed-weekly-or-all-at-once/#comment-29094 Normally it gets paid in one lump sum. If you are getting yours on a weekly basis, you may be better off. If you get paid in a lump sum, they take much larger withholding for taxes and you end up with maybe half. Of course, you get the extra back when you file your income taxes but if you lose your job, you need the money right away. Normally it gets paid in one lump sum. If you are getting yours on a weekly basis, you may be better off.

If you get paid in a lump sum, they take much larger withholding for taxes and you end up with maybe half. Of course, you get the extra back when you file your income taxes but if you lose your job, you need the money right away.

]]> By: Judy http://www.web-player.com/does-your-severance-pay-get-dispersed-weekly-or-all-at-once/comment-page-1/#comment-29093 Judy Tue, 03 Apr 2007 11:42:27 +0000 http://www.web-player.com/does-your-severance-pay-get-dispersed-weekly-or-all-at-once/#comment-29093 Can go either way, depending on what the company decides to do. They aren't required to give severance pay at all. It's strange though that some people would get a lump sum and some get payments. Can go either way, depending on what the company decides to do. They aren’t required to give severance pay at all. It’s strange though that some people would get a lump sum and some get payments.

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