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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Average Monthly Earnings

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a) 95% of the first up to $1,095 of his/her average indexed monthly earnings, plus

6 Ways to Boost Americans' Retirement Savings

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).

Computing benefits

This is the worker's Average Indexed Monthly Earnings (AIME).

Social security

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).

Chapter 3: Social Security

2) See text, note 35, for a description of the Average Indexed Monthly Earnings.

Projected pension income: equality or disparity for the baby-boom cohort? Over time, both eligibility for pensions and income from employer-sponsored pension plans will increase for baby boomers; eligibility rates and benefit amounts are projected to be greater for late boomers overall and, within the late-boomer category, men, whites, and the more educated