pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
... I have a SERP plan that I screwed up when I set it up. Right now it has about a 1-1/2 years salary that will pay out immediately when I leave the company. If I retire anytime but January, I'll pay over 1/3 of it to the government. Leaving in January will give me a nominal 15% loss to income tax. So, I'm telling myself I'm hanging in untill then. I'll see what I do come December.
2B, I had a similar but not nearly as significant situation in that I had about 7 weeks of vacation when I RE'd. What I did was have my last day of work be in December and then went on vacation for January and February 2012 and increased my 401k deductions to 100%, which reduced my reportable income for 2012 by $22k and topped up the nestegg by the same amount.