Bank Statement Converter for Severance Packages

A severance package needs to stretch through an uncertain job search, and tracking exactly how much landed and how it's being spent helps you budget realistically. Convert your PDF bank statements to Excel so you can confirm the severance deposit, track spending during your transition, and document income for COBRA, unemployment, or a future loan application.

Key Benefits

• Confirm and document the severance deposit amount
• Track spending during your job transition period
• Document income for COBRA or loan applications
• Export Excel for your financial planning
• Free, no account required — your data stays private

How It Works

1. Step 1: Download the statement showing the severance deposit
2. Step 2: Upload each PDF to Bank Statement Converter
3. Step 3: Select Excel or CSV output
4. Step 4: Track spending against your severance budget

Frequently Asked Questions

Is severance pay taxable?

Yes. Severance is generally treated as taxable wages, often with standard payroll tax withholding, similar to your regular paycheck.

Why track severance spending closely?

An Excel export of your spending against a known severance amount helps you budget the runway you actually have during a job search, rather than guessing.

Convert a Statement Free