Ragnarotico t1_jebdy3r wrote on March 30, 2023 at 7:56 PM

Reply to comment by LastoftheGreatOnes in I was laid off - what to do with severance, 401k, etc? by LastoftheGreatOnes

I had also assumed the same thing. Mine was taxed at a rate of pretty much 49%. I might get it back at tax time, might not. Something to do with supplemental wages or what not. If you end up with more than 50%, consider it a bonus.

But do the math assuming you'll end up with half.

LastoftheGreatOnes OP t1_jebe9v8 wrote on March 30, 2023 at 7:58 PM

Yeah, my estimate is assuming that but I was trying to be conservative. I have it around - 20k wages, 12k from RSUs, 7k that is netted up to cover tax comes out to around 40k.