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I left at the beginning of the month and mine took until the end of the month. Got it at the same time I would have received my normal paycheck!
I got mine about 10 days after leaving
They can’t take 401(k) deductions from your PTO payout. It’s not salary. They do take out taxes, and the payout is taxed at the Federal “supplemental” rate (37%) to ensure that they don’t under-withhold. You’ll get the difference back when you file your taxes for 2021.