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  2. This Was the Average Social Security Benefit in 1984, and ...

    www.aol.com/average-social-security-benefit-1984...

    Over the past 40 years, Social Security benefits have gotten a steady upgrade -- and it's no accident. ... according to the Bureau of Labor Statistics' inflation calculator. For 2025, the Social ...

  3. How Social Security benefits are calculated - AOL

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

    Here’s how each of these elements is calculated by Social Security. (This Bankrate calculator can ... over her 35 highest-earning years were $2.5 million would have an AIME of $5,952.38 ...

  4. Social Security Wage Base - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Wage_Base

    In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1] [2] A person with $10,000 of gross income had $620.00 withheld as Social Security tax from his check and the employer sent an additional $620.00. A person with $130,000 of ...

  5. This Was the Average Social Security Benefit in 1994, and ...

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    Image source: Getty Images. Back in December 1994, the average monthly benefit was just $697.34, adding up to about $8,368 for the year. Fast forward to November 2024, and the average retired ...

  6. Average Indexed Monthly Earnings - Wikipedia

    en.wikipedia.org/wiki/Average_Indexed_Monthly...

    Each calendar year, the wages of each covered worker [a] up to the Social Security Wage Base (SSWB) are recorded along with the calendar by the Social Security Administration. If a worker has 35 or fewer years of earnings, then the Average Indexed Monthly Earnings is the numerical average of those 35 years of covered wages; with zeros used to ...

  7. The Salary You Need To Make To Get the Maximum Social ... - AOL

    www.aol.com/salary-maximum-social-security...

    How Social Security Benefits Are Calculated. The Social Security Administration calculates an individual’s benefit amount by considering an individual’s lifetime earnings and then adjusting ...

  8. Want the Max $4,873 Social Security Benefit? Here's the ...

    www.aol.com/want-max-4-873-social-200500222.html

    Here's the salary you need to be earning this year (and in past years) to have any shot at securing future monthly Social Security checks like this year's maximum of $4,873. The magic number

  9. You Can Score More on Your Social Security Check - AOL

    www.aol.com/score-more-social-security-check...

    The maximum possible Social Security retirement payout for someone who earns high wages for 35 years and waits to claim benefits until age 70 is $4,555 for 2023. Hero Images / Getty Images Check ...

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