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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: neolib who wrote (215146)1/16/2005 9:07:56 PM
From: i-node  Respond to of 1573901
 
Basically, AIME is an indexed wage based on your contributions up the wage base in each year. Of course, most people retiring now have a significant number of years prior to the previous SS tax increase of the early 80s.

As a result, many of the years entering into the AIME computation have wage bases of $3,750 or even less.