Verizon announced this morning that it is simplifying its data plan strategy with the introduction of new S – M – L – XL options. The options include set amounts of data, coupled with flat $20 line access charges. So instead of having to figure out your line access charge and whether or not it includes a discount and/or how much that discount is, you now just focus on the data amount you and you family needs.

According to the press release, you are looking at Small ($30/month for 1GB of shareable data), Medium ($45/month for 3GB of shareable data), Large ($60/month for 6GB of shareable data), and X-Large ($80/month for 12GB of shareable data) data buckets. That data can be shared with as many lines as you have on your account. Since each line is $20, take that times the number of lines you have and add it to the data bucket price you have chosen to get your total bill (before taxes and fees).

For example, a family of 2 with 6GB of shareable data would be $100 (2 lines at $20 per + $60 for 6GB shareable data). If you have a family of 4 and share 12GB of data, you are looking at $160 (4 lines at $20 per + $80 for 12GB shareable data). If it’s just you and you want 3GB of data, your bill would be $65 per month (1 line at $20 + $45 for 3GB data). Make sense?

Other notes:

Each line comes with unlimited talk and text

If you need additional data during the month, it will cost you $15 per GB

If you need more than the 12GB XL package, you can ask Verizon about additional options

Tablet and Jetpack lines are $10 per month

Connected device lines (like smartwatches) are $5 per month

Verizon killed off the 2-year contract

If you are a current More Everything customer, you can stick with your plan until the end of your contrat

The new plans are available starting August 13.