Before accepting an executive buyout package, it’s important to understand how severance, taxes, stock compensation, healthcare benefits, and retirement planning fit together. A generous offer on paper may look different once you account for taxes, lost benefits, and the income you’ll need in the years ahead.
In this episode of Financial Quarterback, Jim Lineweaver, CFP®, AIF®, President and CEO of Lineweaver Financial Group, and Josh Wenhold, Accountant with LFG Tax, discuss the financial considerations executives should review before accepting a buyout or severance package.
