Annual Leave Lump-Sum Payout: How It’s Calculated & Taxed?
When you leave the federal government, you'll get a lump-sum payment for any unused annual leave hours. In this video, we'll show you how to calculate your lump-sum payout. We'll also explain the key tax rules for these payments to help you better understand how much you'll receive. Do you have questions or concerns about Federal Benefits or Retirement Planning? 🗓️ Schedule a free consultation at: https://calendly.com/fedwayfinancial/... ⚡️ Stay Connected: Website - https://www.fedwayfinancial.com/ Facebook - / fedwayfinancial Instagram - / fedwayfinancial LinkedIn - / jerelharvey ⚡️ Who Are We: Fedway Financial provides financial planning, investment management, and benefits training to federal employees and retirees. Our goal is to help you understand and maximize your federal benefits program, and make prudent and informed decisions related to every facet of your financial life. #FERSRetirement #FederalBenefits #AnnualLeave Disclaimer: All content on this site is for general information purposes only and is not intended to provide any personalized financial advice.
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