Average Indexed Monthly Earnings


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Average Indexed Monthly Earnings

Also called the AIME. The inflation-adjusted, average income an individual earns each month over his/her working life, as calculated by the Social Security Administration. The AIME is calculated using the 35 highest-earning years (after the 21st birthday) of an individual's life. If one worked for fewer than 35 years, zeros are entered for years one did not work up to 35. AIME is used to determine one's Social Security benefits following retirement.
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a) 95% of the first up to $1,095 of his/her average indexed monthly earnings, plus
How do you determine a person's Average Indexed Monthly Earnings (AIME)?
This is the person's Average Indexed Monthly Earnings (AIME).
How are Average Indexed Monthly Earnings (AIME) computed for a self-employed individual whose self-employment came under Social Security after 1951?
The primary insurance amount is determined by applying a formula to the person's average indexed monthly earnings (AIME).
This is the worker's Average Indexed Monthly Earnings (AIME).
Determine the individual's Average Indexed Monthly Earnings (AIME).
The Primary Insurance Amount is determined by applying a formula to the Average Indexed Monthly Earnings (AIME).