Mrs. Chambers is 62 years old and plans to retire.
Over her life she earned an average o...
Mathematics, 05.05.2020 15:07 molly7654
Mrs. Chambers is 62 years old and plans to retire.
Over her life she earned an average of $2,500 per
month after adjusting for inflation. The formula for
calculating the full monthly Social Security benefits is
90% of the first $856 earned, then 32% of the
earnings over $856. What will her monthly benefit be
if her full retirement benefit is reduced by
approximately 30% for retiring before the age of 67
Answers: 3
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