Tax Planning for Severance Packages

Posted on June 10th, 2026 in Budgeting, E-Newletters, Education Planning, Estate Planning, Financial Prosperity Series, Insurance, Investing, Lending, Life Events, Retirement, Tax

Over the past year, economic stresses worldwide have resulted in many employees receiving severance packages and being advised that their services are no longer required. The longer you’ve been employed with an organization, the higher your severance package will be. With the national job market experiencing varying levels of stress, it is more important than ever to hang on to as much money from an employment severance settlement as possible.