Estimate your net severance after federal, state & FICA withholding.
These are withholding estimates, not your final tax bill. If your total income for the year is lower than expected, you may receive a refund when filing. Consult a tax professional for personalized advice.
You selected lump sum. Salary continuation often results in lower effective withholding by spreading payments across multiple pay periods. Ask your employer if this option is available.
Based on 2026 IRS supplemental wage withholding (Pub. 15), SSA wage base ($184,500), and approximate state rates. Not tax advice. Results are estimates only.