YEL calculator and estimating your work income

The size of your YEL payment and your future pension are based on your so-called work income. This doesn't mean the amount you invoice directly or your taxable income, but rather an estimate of the monetary value of your work input.

How do I estimate my work income correctly?

• Your work income should correspond to the annual salary you would pay an outside employee to do the same work.
• For light entrepreneurs, this is often close to the invoiced gross amount (excluding VAT), but you can deduct expenses from it.
• Getting the level right matters: too low a work income weakens your social security (sickness allowance, parental allowance), while too high unnecessarily raises your insurance payments.

You can use Truster's YEL calculator to estimate how much the insurance would cost at different work income levels.