Josef Zweimuller.Earnings, Social Security Legislation and Retirement Decisions. Applied Economics . 1991Zweimuller,Josef Earnings.Social Security Legislation and Retirement Decisions. Applied Economics . 1991Jo sef Zweimuller (1991) , Earnings , Social Security Legislation and Retirement Decisio ns. A p...
the SSA will eventually discover the error and request that the money be repaid. “Next to the home, Social Security is typically a person’s largest asset headed into retirement, so it’s vitally important to make sure the math is correct,” said Paul...
How Indexed Earnings Work ForSocial Securitypurposes, wage indexing depends on the year in which a person is first eligible to receive benefits, and an individual's earnings are indexed to the average wage two years prior to the year of first eligibility. For retirement, eligibility is at age ...
This paper projects lifetime Social Security earnings until retirement using data from the Survey of Income and Program Participation (SIPP) matched to Social Security records of annual earnings from 1951 through 1993. We first develop, estimate and test gender-specific multiple regression models of ...
If you continue to work after your retirement age, you will continue contributing to Social Security via the payroll tax. When you start receiving Social Security benefits, they may be taxed depending on your combined income. It is possible to be taxed at up to either 50% or...
Pension and postretirement benefit obligations 371 387 Other long-term liabilities 2,397 2,705 Total Liabilities 49,524 39,830 Shareowners' equity 12,894 11,191 Total Liabilities and Shareowners' Equity $ 62,418 $ 51,021 Total common shares outstanding at end of period 724 719 Total diluted...
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the impact of volatility in the capital markets on the value of the investments held by AEP's pension, other postretirement benefit plans, captive insurance entity and nuclear decommissioning trust and the impact of such volatility on future funding requirements; accounting standards periodically issued...
you can accumulate more high-earning years on the back-end. This not only boosts your AIME but can also result in larger Social Security benefits when you do decide to retire. If you delay claiming benefits beyond your full retirement age, your monthly benefit increases until you reach age ...