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  2. How Social Security benefits are calculated - AOL

    www.aol.com/finance/social-security-benefits...

    The AIME is “divided into three segments, called bend points (which are adjusted each year for inflation), giving you the worker’s PIA,” says Scott. Here are the bend points for calculating ...

  3. The Best Social Security Calculators You Can Use for Free - AOL

    www.aol.com/best-social-security-calculators...

    Social Security Administration. Understandably, the most detailed calculator on this list comes directly from the Social Security Administration. You’ll have the same basic information available ...

  4. Primary Insurance Amount - Wikipedia

    en.wikipedia.org/wiki/Primary_Insurance_Amount

    Monthly Social Security benefits at full retirement age are determined through adjusting AIME by multipliers at specific earnings thresholds, which are called "PIA bend points". Accordingly, the PIA is the sum of three separate percentages of portions of estimated AIME. [6]

  5. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    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]

  6. Windfall Elimination Provision - Wikipedia

    en.wikipedia.org/wiki/Windfall_Elimination_Provision

    2. Choose the percentage of the first bend-point to be the higher of the percentage based on the eligibility year or the percentage based on the YOCs acquired. 3. Calculate the PIA based on this, rounding down to the nearest dime. 4. Calculate the PIA normally and reduce by 50% of the amount of the non-covered pension's monthly payment. 5.

  7. Social Security’s Bend Points: What Are They? - AOL

    www.aol.com/news/social-security-bend-points...

    Understanding bend points is critical to understanding how much money you'll receive in Social Security when you retire.

  8. This Is the Average Social Security Benefit for Age 62 - AOL

    www.aol.com/average-social-security-benefit-age...

    Once Social Security figures out your AIME, they'll apply a formula using bend points to determine your primary insurance amount (PIA). This is the monthly benefit you'll receive at your full ...

  9. Here Are the Average Social Security Benefits at Ages 62, 67 ...

    www.aol.com/average-social-security-benefits...

    For those without 35 years' worth of earnings, Social Security uses zeros for the missing years to calculate your average. From there, Social Security applies a formula using bend points (which ...

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