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2. Congressional pension - Wikipedia

   en.wikipedia.org/wiki/Congressional_pension

   The basic retirement annuity under FERS is equal to the (Average High-3 Salary x .017 x Years of Service through 20 years)+(High-3 Salary x .01 x Years of Service over 20)= Annual Pension Members who began congressional service before 1984 and who elected to join FERS will receive credit under FERS from January 1, 1984, forward.

3. How Much Do I Need To Retire? Retirement Calculator and Tips

   www.aol.com/much-retire-retirement-calculator...

   The final rule for retirement savings is the 80% rule, or saving enough to replace 80% of your pre-retirement income. So if you currently earn $100,000 per year, this rule says you’ll need ...

4. 5 ways to tell if you’re on track for retirement — and 5 ...

   www.aol.com/finance/5-ways-tell-track-retirement...

   Bankrate’s retirement calculator even lets you input different rates of return on your investments and accounts for estimated annual salary increases. 4. Map out your retirement budget.

5. What Will My Lifestyle Look Like If I Retire With $7 Million?

   www.aol.com/lifestyle-look-retire-7-million...

   The post What a Retirement Lifestyle With $7 Million Looks Like appeared first on SmartReads by SmartAsset. ... Use a retirement calculator: ... retiring is a crucial part of that equation ...

6. Primary Insurance Amount - Wikipedia

   en.wikipedia.org/wiki/Primary_Insurance_Amount

   The percentages of the PIA formula are fixed by law, but the dollar amounts in the formula change annually in response to changes in the national average wage index. [7] For 2023, the PIA computation formula is: graph of the PIA function. PIA = 0.90*(AIME up to $1115) + 0.32*(AIME between $6721 and $1115) + 0.15*(AIME - $6721)

7. Retirement plans in the United States - Wikipedia

   en.wikipedia.org/wiki/Retirement_plans_in_the...

   Retirement plans are classified as either defined benefit plans or defined contribution plans, depending on how benefits are determined.. In a defined benefit (or pension) plan, benefits are calculated using a fixed formula that typically factors in final pay and service with an employer, and payments are made from a trust fund specifically dedicated to the plan.