Jump to content

Retired in March, No Buyout Check


autoworker2

Recommended Posts

  • 1 month later...
On 5/31/2020 at 6:46 PM, PistonPete said:

Retired April 1 finally got my buyout deposit on May 29th. Do we get some kind of paystub to explain all the deductions? $39,660 OUT OF $60,000!!!!! 

It is taxed the same as a Bonus.  20% off the top to Feds,  1.15% to the UAW, and then State Taxes and of course FICA..

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...