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Monday, July 7, 2008

Q&A About the Buyout -- A Drop-in Event

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Guild Bulletin:

GUILD OFFERS BUYOUT HELP

With less than a week to go to make decisions about the Sun's buyout plan, many of you have asked several good questions about how the buyout works and whether taking a buyout is a good choice for you and your family.

What are the tax consequences of taking a lump sum payment? Can I apply for unemployment insurance? If I sign this Waiver and Release, what does that really mean?

The Guild wants to help with some of your legal or financially-related questions. So we've asked a few folks to come set up shop for a couple hours to talk to you about what you want to know.

We'll hold a little seminar on Tuesday, July 8 from 2 p.m. to 5 p.m. at St. Ignatius Church (just up the street from The Sun).

Among those invited are:
  • Bob Paul, Guild attorney
  • Pamela R. Graham, Registered Principal and Financial Advisor at Pro Wealth Management
  • Bill Salganik, Guild leader extraordinaire (Bill just took this very buyout in March and can help).
  • Stephanie Shapiro, former Features reporter (Stephanie also took the buyout in March).
  • Tax Attorney, TBA

The experts can't provide individual financial planning, but will be on hand to answer general questions as best they can. The format will be drop-in style. So stop by whenever you have a moment in your work day that is mutually agreeable between you and your supervisor.

What: Financial Help with Buyout Package
When: Tuesday, July 8 -- anytime from 2 p.m. to 5 p.m.
Where: St. Ignatius Church
740 N. Calvert St.

Drop in anytime between 2 p.m. and 5 p.m. All interested employees, regardless of Guild or non-Guild status, are welcome.

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