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So, if you separate from the company near the end of the year, earning a full year of salary plus severance payouts, you could be pushed into a higher tax bracket. Taxplanning for a transition out of Intel is critical. 18 months of coverage is being offered for COBRA plus a $20k Healthcare bonus.
So, if you separate from the company near the end of the year, earning both a full year of salary plus severance payouts, you could be pushed into a higher tax bracket. Taxplanning for a transition out of Intel is critical. Occasionally, Intel will offer accelerated vesting of RSUs as part of a layoff or separation package.
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