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According to the Social Security progressive benefits replacement rates for 2014 below, Wage Replacement Rate (%) For Average Monthly Wages of 90% $1 - 816
According to the Social Security progressive benefits replacement rates for 2014 below,
Wage Replacement Rate (%) | For Average Monthly Wages of |
90% | $1 - 816 |
32 | $816 - 4,917 |
15 | over $4,917 |
How large will the monthly Social Security benefit be for a worker who had prior earnings of Instructions: Enter your responses rounded to two decimal places. (a) $30,000 a year? $ (b) $80,000 a year? $ What is the marginal wage replacement rate for Instructions: Enter your responses as a percent rounded to the nearest whole number. (c) The $30,000-per-year worker? % (d) The $80,000-per-year worker? %
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