You're right, if you don't have a family and don't have _any_ paycheck deductions, don't pay _any_ taxes, and use numbers 33% below the average cost, it seems s

You're right, if you don't have a family and don't have _any_ paycheck deductions, don't pay _any_ taxes, and use numbers 33% below the average cost, it seems small. Survey of purported 2019 data shows $570 * 12 = $6,840 for individual, $19,000 for family (for some reason, no monthly cost there) So lets say you only pay the feds income tax, and don't bother with medicaid, social security, state income tax, 401K, any other witholdings whatsoever - you'll earn 85% of $160,000, or $136,000. Divided into 26 paychecks, $5230 biweekly. If you're single, yearly premium would be covered by 2.6 weeks of work, or 11% of your severance. If you have a family, 7.26 weeks of work, or 30% of your severance.