rod
Retired 23 years
Are they going to waive the taxes on these funds ?
Correct me if I'm wrong, but aren't gifts taxed at 56%.
Back in my days, when UPS gave out bonus checks in lieu of raises, we took a beating. friend/t got $1000 and p/t got $500 minus the gift tax.
My $1,000 checks always turned out to be $665.