f too much tax is withheld, they could receive a refund when they file their taxes. Conversely, if too little is withheld, they may face a tax bill. Planning ahead can help in managing the financial impact and ensuring that appropriate amounts are set aside for tax liabilities. Consulting a tax professional may provide clarity and guidance tailored to individual circumstances. Employers must provide clear commitments in a severance agreement. This includes stipulations regarding the final paycheck, encompassing all outstanding wages, accrued vacation, and any other due compensation. Transparency in how these payments will be processed can help alleviate potential disputes. Additionally, companies may outline continuation of benefits, such as health insurance, specifying the duration and any conditions that apply.

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