Q. Is the lump-sum payment subject to the same deductions and allotments to which one’s regular salary would be — i.e., federal tax withholding, state tax withholding, FICA and retirement? A. Everything except retirement.
Q. Is the lump-sum payment subject to the same deductions and allotments to which one’s regular salary would be — i.e., federal tax withholding, state tax withholding, FICA and retirement? A. Everything except retirement.