In 2014 the annual wage ceiling for workers aged 62 to 64, Ask an Expert

Economics

In 2014, the annual wage "ceiling" for workers aged 62 to 64 was $15,480. How large of a monthly Social Security check would a 63 year old retiree get if her maximum benefit is $1,600 per month and she continues working for wages of $3000 per month? (Use the equation below to answer the question)

Benefit Amount = Maximum Award - 0.5 (Wages in Excess of Ceiling)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91925411

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