Thread regarding U.S. Bank layoffs

What benefits can I cash out before quitting?

Planning to quit in 2025 and go back to school full time. What benefits should I cash out on first? I'm thinking the my holiday, 2 volunteer days, glasses with the vision credit, dental cleaning, and a doctors check up. Am I missing anything else?

by
| 1141 views | | 7 replies (last October 22, 2024) | Reply
Post ID: @OP+1uMJ4NAw

7 replies (most recent on top)

If you are able, there are matching funds available for charitable donations.

by
| | Reply
Post ID: @lvpw+1uMJ4NAw

don't forget about your very valuable Best in Us points ;)

by
| | Reply
Post ID: @1klb+1uMJ4NAw

When you next get a full-time job, if you are able, try to max out the company matching your 401(k) as early in the year as possible (in case you get laid off later). Meaning: set your paycheck contributions higher for that. Make that free money work for you!

by
| | Reply
Post ID: @1cpv+1uMJ4NAw

If you have any stock options you haven’t exercised, I would start looking to do that bc they are expire within 30 days of termination. Also any elective surgery? I’d take all of your STD if you can do that ethically.

by
| | Reply
Post ID: @myk+1uMJ4NAw

recently got laid off with 2 small pensions plus a 401k. Any suggestions on where to rollover to? And want to draw when I need to.

by
| | Reply
Post ID: @vxy+1uMJ4NAw

Depending on what state you reside in, your vacation days will not roll over into 2025. Use them in 2024 or lose them.

Don't announce your plans to quit as that may disqualify from a severance package in the event your job is eliminated before you start school.

My unsolicited advice to you is to keep your plans to yourself and wait as long as you can before giving your 2 weeks notice, and do give 2 weeks notice.

It's important for you to leave on decent terms as your next employer will definitely do a background check on your U.S. Bank employment. This is no time to get pissy on your exit as you have a future to consider.

Best of luck to you, youngster!

by
| | Reply
Post ID: @mtw+1uMJ4NAw

Unpaid holiday and your pension can be rolled over if you have been here the required period of time. No my holiday or anything like that those get forfeited, and you will not get unemployment because you were quitting

by
| | Reply
Post ID: @kcj+1uMJ4NAw

Post a reply

: