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A 401(k) is a profit-sharing retirement saving plan some U.S. employers offer. It lets you contribute a portion of your pre-tax income to a tax-advantaged investment account.
Read: What It’s Like To Job Hunt During a Pandemic. Make Money: 20 Hot Jobs That Pay More Than $150,000. But that doesn't mean that every remote or online job offer is legitimate. Some are ...
Severance agreements cannot contain clauses that prevent employees from speaking to an attorney to get advice about whether they should accept the offer, or speak to an attorney after they sign. The offer also cannot require that the employee commit a crime, such as failing to appear subject to court subpoena for proceedings related to the company.
To start, though, you may want to consider talking with a tax advisor before making any withdrawals from your 401(k) or pension fund. This will help you avoid possible unwanted tax penalties.
Very similar to the casting agent scam is the "job offer" scam in which a victim receives an unsolicited e-mail claiming that they are in consideration for hiring to a new job. The confidence artist will usually obtain the victim's name from social networking sites, such as LinkedIn and Monster.com. In many cases, those running the scams will ...
The victim is guaranteed a certain income, benefits or employment. To get this they first have to buy something like a business plan, start-up materials, or software. They may be asked to pay to be put on a directory to "guarantee" jobs. [9] This is merely a way to get the victim to spend money – no job awaits.
Some readers asked what "subsidy" employers get from 401(k) advisors and mutual fund families. Here's the way it works. Brokers and fund families (with few exceptions) make.
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...