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Severance Pay Calculator

Last updated: October 15, 2026

Estimate gross severance, withholding and take-home severance pay.

Estimated take-home severance

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  • Gross severance: —
  • Estimated withholding: —
  • Service-based portion: —
On this page

Quick summary: Estimate gross severance, withholding and take-home severance pay.

Updated October 14, 2026 • Estimated reading time: 4 minutes
Read the complete guide

What this calculator estimates

Estimate gross severance, withholding and take-home severance pay.

How to use it

Enter Weekly pay ($); Years of service; Severance weeks per year of service; Additional severance or bonus ($); Estimated withholding rate (%). Select Calculate to update the results.

How the calculation works

The estimate multiplies weekly pay by years of service and severance weeks per year, adds any extra payment, then applies the withholding rate you enter.

Worked example: starting scenario

Example inputs
Weekly pay ($)1500
Years of service8
Severance weeks per year of service2
Additional severance or bonus ($)5000
Estimated withholding rate (%)25
Example results
Estimated take-home severance$21,750.00
Gross severance$29,000.00
Estimated withholding$7,250.00
Service-based portion$24,000.00

Important limitations

Actual severance terms, tax withholding, benefit continuation, release agreements and state requirements vary by employer and location.