ST Alpha - "lumpsum after taxes will be around 600K per share (depending on where you live) -- nm" (Reading a Post)

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In response to "So a little *less* than $1 million per share at the current lump sum payout. -- nm" by TWuG

lumpsum after taxes will be around 600K per share (depending on where you live) -- nm

Posted by decline (aka Decline) Feb 11 '15, 11:50

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Responses:

Dammit, not enough money to retire on comfortably. -- nm - Will Hunting Feb 11, 12:01
I thought the cash option was after 25% fed tax and you're left with paying your state tax on that number? -- nm - Max Feb 11, 11:53 3
- I estimated 40% tax overall - it'll vary by state and local taxes and such -- nm - decline Feb 11, 11:55 2
  - lump sum is pre-tax - for the annuity you only pay taxes on each payment each year -- nm - decline Feb 11, 11:56 1
    - That's as annoying as cable companies not revealing taxes and fees. If it's a "cash" option, advertise the number after fed taxes are taken. -- nm - Max Feb 11, 11:58

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