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Got laid off from my job of 5 years. Really bummed out because I loved that job. When I paid off my student loan 2 years ago I began to have 20% of my paycheck sent to a savings account I have minimal access to. Financially I think I'm okay for a little while. I'm going to regroup for a day or two and then hit the pavement. Severance information is coming via registered mail.

My question is about anything I should be doing in reference to my former company, they told me I didn't need to sign anything and they would have the papers sent to me in the mail (they handled this well in my eyes) and that the details of a severance package would be sent as well.

  • Do I need to do anything with my 401k?

  • Does my flexible health spending account go kaput?

  • Vacation is accrued over time at this company but I've earned 14 personal days for being a director, should I expect payment for those?

  • Can I negotiate my severance package?

I apologize if I'm all over the place right now, things have been moving really fast the last few hours.

Thank you Reddit!



Submitted January 30, 2017 at 07:03PM by mcfuddlebutt http://ift.tt/2kay9Nh

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