Thursday, October 28, 2021
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Ask Bob: How will present excessive earnings influence my Social Security profit?

Share this…FacebookPinterestTwitterLinkedin Query I will probably be submitting for Social Security in October of 2023. In that yr, and previous…

By Staff , in Social Security , at October 12, 2021



Query

I will probably be submitting for Social Security in October of 2023. In that yr, and previous to October, I’ll have reached the Social Security 2023 earnings most. When will these 2023 earnings exchange a earlier yr of decrease earnings to extend my HIGH 35-year Common Listed Month-to-month Earnings (AIME)? If not till someday in 2024, is the rise in profit automated? Is it retroactive to October of 2023? Will I have the ability to inform the quantity of 2024 enhance that’s annual CPI-W price of living-based versus that which is predicated upon an elevated AIME? (ATR287)

Query

I will probably be submitting for Social Security in October of 2023. In that yr, and previous to October, I’ll have reached the Social Security 2023 earnings most. When will these 2023 earnings exchange a earlier yr of decrease earnings to extend my HIGH 35-year Common Listed Month-to-month Earnings (AIME)? If not till someday in 2024, is the rise in profit automated? Is it retroactive to October of 2023? Will I have the ability to inform the quantity of 2024 enhance that’s annual CPI-W price of living-based versus that which is predicated upon an elevated AIME? (ATR287)
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