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Deliver the news in person (1-on-1 script)
US rule: speak with your manager directly before sending formal emails.
Read the Expert Guide
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401(k) Loans & Separation: The Offset Trap
A 401(k) loan turns into a taxable distribution at separation: most plans require full repayment within 60 days of termination, and unpaid balances count as income plus an early penalty if …
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409A Valuations & Equity Records
The 409A valuation sets your option strike price: valuations update every 12 months, and the audit trail (grant dates, valuation dates, sales, and plan terms) decides the tax treatment. Kee…
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ACA Special Enrollment: 60-Day Windows
ACA special enrollment opens 60 days from the life event: coverage loss, marriage, birth, move, and job changes. The 30-day change notice protects subsidies, and Medicaid jumps when income …
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Break in Service: Pension & Vesting Restart Rules
Most plans treat 12+ months away as a break: pension accrual restarts, seniority resets, and some plans re-grade vesting from zero. Return within a year keeps continuity in many plans — the…
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Frequently Asked Questions
Is severance negotiable?
Yes, before you sign. Once a separation agreement is executed, the terms are locked. The leverage window is the weeks before signature, not after. See the structure guide (/guides-severance-structure.html).
What is a fair number?
Common practice is 1-2 weeks per year of service, plus benefits continuation and PTO payout. The negotiated multiplier depends on tenure, notice given, and whether you sign a release. The states guide (/guides-severance-states.html) covers local rules.
Should I get a lawyer?
For a package above about 10 weeks, or when a non-compete or clawback clause rides along, a paid review is cheaper than the money at stake. The legal fee rules guide (/guides-legal-fee-rules.html) explains what is recoverable.