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Personal Finance (Not Investing) • Retiring vs Resigning

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Others will have more info. Retirement instead of resignation has some perks. I think pending RSUs / Options are immediately vested, your pending vacation is paid instead of being forfeited. you may qualify for indefinite retiree insurance instead of 18 month CORBA. If you have Deferred comp, at retirement it is structured payments while at resignation, it is lump sum payment next year etc. These and others depend on your situation depend on company policies. I would always vote for retirement rather than resignation.
Good starter list. Go back and read your company handbook and any supporting documents you may have received over time (RSU plan, Executive Comp, Deferred Comp). I did not read these at the time. Surprisingly my company does offer some benefits if i truly retire. If you know of anyone else that has retired from your company--try to reach them and ask about what they may have received.

Another one is a 1 time deposit into your HSA for "retiree" healthcare expenses. (Need to find that one in writing :happy )

Statistics: Posted by soccerrules — Wed Jan 24, 2024 8:14 am — Replies 5 — Views 271



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