Severance and Unemployment Insurance

See Demo 1-800-714-5153 Severance Compensation and Unemployment Insurance TL:DR – Key Severance Pay and UI Takeaways for Employers and Employees The rules governing Severance Compensation and Unemployment Insurance (UI) eligibility vary dramatically by state. For employers and employees, the critical distinction is how the payment is classified: Deferred Compensation (non-deductible in states like California) vs. […]

Severance Pay in the United States

See Demo 1-800-714-5153 Severance Pay in the United States TL;DR: Key Takeaways Severance pay in the U.S. is no longer strictly voluntary. In 2025, a mix of federal procedures (WARN Act, ERISA) and aggressive state “mini-WARN” laws in places like NJ and ME mandate payments. Key updates for 2025 include increased bankruptcy priority caps ($17,150) […]