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Calculating Social Security Benefits: Part 2 – The Primary Insurance Amount

The Social Security Administration computes Social Security benefits based upon "average indexed monthly earnings," ("AIME") which are the sum of up to 35 years of a worker's indexed earnings. A formula reflecting changes in general wage levels based upon measurements by the national average wage index is applied to the AIME to compute the primary insurance

Calculating Social Security Benefits: Part 2 – The Primary Insurance Amount2017-01-18T14:05:46+00:00

Social Security Recipients To Receive Benefit Increase In 2017

The Social Security Administration announced that 2017 monthly Social Security and Supplemental Security Income (SSI) benefits for more than 65 million Americans will increase 0.3 percent. However, some beneficiaries may have their Social Security increase partially or completely offset by increases in Medicare premiums. The 0.3 percent cost-of-living adjustment (COLA) will begin with social security

Social Security Recipients To Receive Benefit Increase In 20172017-01-13T14:15:37+00:00
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