Our company handed out bonuses earlier than usual, namely, yesterday. I think the timing had to do with the holding company doing a "prepackaged" bankruptcy, under which the people to whom they owe lots of money will get stock, and the current stockholders will get zilch. (Since the debt is from leveraged buyouts, this is unsurprising.) And we did better than expected, so I have been given 6.25% of my annual salary (the money I actually got yesterday is about half of the total, because the withholding is high on this, and I'll get some more back in 14 or 15 months when I file my 2010 income taxes).
Having gotten this, I was thinking "I should pass some of it along," and then an hour later had email from the people who run the summer math program I attended 30 years ago. So, $51 to Hampshire College, earmarked for the Summer Studies in Mathematics. I haven't decided yet whether to just put the rest in my savings account (which is what I did last time) or come up with a suitable fun/indulgent thing to do with all or part of it.
They have also reinstated 401(k) matching, so I need to find the paperwork and sign up for the 401(k) plan. (Matching was suspended a few weeks before I was eligible to join the plan, so I didn't, and put money in an IRA for 2009.) And we may get raises this coming year, since the salary freeze is going to be ended in March (making it one full year, so it should hit everyone exactly once). Most of this was announced at a meeting on Monday, while I was on an Amtrak train, but my boss filled me in. (The 401(k) stuff was actually announced at the holiday party, which I also wasn't at for unrelated reasons.)
Having gotten this, I was thinking "I should pass some of it along," and then an hour later had email from the people who run the summer math program I attended 30 years ago. So, $51 to Hampshire College, earmarked for the Summer Studies in Mathematics. I haven't decided yet whether to just put the rest in my savings account (which is what I did last time) or come up with a suitable fun/indulgent thing to do with all or part of it.
They have also reinstated 401(k) matching, so I need to find the paperwork and sign up for the 401(k) plan. (Matching was suspended a few weeks before I was eligible to join the plan, so I didn't, and put money in an IRA for 2009.) And we may get raises this coming year, since the salary freeze is going to be ended in March (making it one full year, so it should hit everyone exactly once). Most of this was announced at a meeting on Monday, while I was on an Amtrak train, but my boss filled me in. (The 401(k) stuff was actually announced at the holiday party, which I also wasn't at for unrelated reasons.)