Does anyone know if they allow you to contribute any of your severance proceeds toward your 401(K)? If so, do they also honor the company's standard 401(K) match? I'm assuming not but curious if anyone knows for sure.
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Does your severance change (in Bank) if they move you from a lead to senior?
it was worth the shot :)
Previous response is 100% correct.
Your severance pay will come after your separation date based on the pay schedule and is not used to contribute to your 401K. You are no longer an employee so 401K contributions and match no longer qualify.