I will be displaced, what is the latest on getting a bonus paid ( probable amount) and 401K match date if you are displaced Sept 29th - 60 days is Nov 28th and Severance starts then...
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I don’t know about how the bonuses work, but for the 401k match, you will still get that during your 60-day non-working period. The match stops once you begin your severance period even if you elect for bi-weekly payments instead of a lump sum.
You have to be actively employed (including being within your 60 days non-working notice period) as of 12/15 to qualify for the annual 401k match. If you've begun your salary continuation leave (more commonly called severance period), then you are not match eligible.
It is bad enough that we have an annual match which means we lose having those dollars gaining interest in our accounts throughout the year. But it borders on criminal that senior leadership moved to an annual match at the same time they were beginning what we now know has been years of continuous layoffs. Thereby routinely cheating thousands of Wells Fargo employees who worked a good portion of the calendar year from receiving any company matching dollars to their retirement account.