In this November 2023 episode of So Money, host Farnoosh Torabi answers questions from listeners about the best financial moves after being laid off, giving practical advice to U.S.-based listeners about severance, health insurance, and 401(k)s.

Losing a job is a nightmare scenario for most people, but there are ways to manage this situation well.

However, if you can keep a cool head, you can negotiate a good deal with your employer that will give you breathing space to consider your next move.

Planning for the worst is something we should all think about, and a solid financial strategy is essential for turning the situation around.

Financial expert Farnoosh Torabi has hosted her award-winning So Money podcast for 15 years, providing accessible advice on personal finance.

In this November 2023 episode, Farnoosh addresses listener questions on the best steps to take after being laid off, specific to the U.S.