Thread regarding Wells Fargo & Co. layoffs

Lump sum

For those who got it, how long does it take for them to release it? I don't care about benefits, just want my money and out .


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| 11 views | | 3 replies (last March 23) | Reply
Post ID: @OP+1km41vmzv

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they also do it so they an tax you the maximum amouny@ap

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Post ID: @t3+1km41vmzv

About four weeks if you are over 40 years old. After you turn 40 a week or two is added for ‘recission period’ so more like three weeks after you sign if you are under 40.

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Post ID: @hq+1km41vmzv

I requested it after 8ish weeks on regular severance payments. Once I requested it I got my regularly scheduled payment, the next scheduled payment, and then the following was the lump sum payout. I think it has to do with when in the cycle they receive the paper

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Post ID: @ap+1km41vmzv

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