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That number then goes into the Social Security benefits formula to determine your primary ... 2008. $102,000. 1984. $37,800. 2009. ... Once you learn how to maximize your Social Security benefits ...
The Average Indexed Monthly Earnings (AIME) is used in the United States' Social Security system to calculate the Primary Insurance Amount which decides the value of benefits paid under Title II of the Social Security Act under the 1978 New Start Method. Specifically, Average Indexed Monthly Earnings is an average of monthly income received by ...
2008. $102,000. 1984. $37,800. 2009. $106,800. 1985. $39,600. 2010. $106,800. 1986. $42,000 ... Due to the slight changes in the Social Security benefits formula and inflation adjustments based ...
Social Security's benefit formula provides 90% of average indexed monthly earnings (AIME) below the first "bend point" of $791/month, 32% of AIME between the first and second bend points $791 to $4781/month, and 15% of AIME in excess of the second bend point up to the Ceiling cap of $113,700 in 2013. [171]
The SSA takes your average earnings and plugs that number into its benefits formula ... 2008. $102,000. 1984. $37,800. 2009. $106,800 ... If you're in line for the maximum possible Social Security ...
Spousal benefits can equal up to 50% of your higher-earning partner's standard Social Security benefit (called their primary insurance amount or PIA). However, spousal benefits shrink if you claim ...
That's because your Social Security benefit is based on how much you earned throughout your career. ... It then plugs that number into the Social Security benefits formula. ... 2008. $102,000 ...
The Social Security administration rolled out a new version of its online benefits calculator today. The new version of the benefits calculator requires less input from the user by making use of ...