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Hubert, a 66 years old worker, Is deciding between retirement either this year or the next year. His average monthly benefit is determined to be

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Hubert, a 66 years old worker, Is deciding between retirement either this year or the next year. His average monthly benefit is determined to be $1,089,50 Assume that the benefit is the same for this year and the next year. Compute Hubert's annual benefit reduction amounts in each of the following scenarios. 1 Hubert retires this year and secures a part-time job earning $18,000, his annual benefit reduction amount is $ Hubert retires this year, secures the same part-time job, and in addition projects interest and dividend earnings of $7,000 per year, what his annual benefit reduction amount is 5 . 11 Hubert retires next year and secures the same part-time job, the annual benefit reduction amount is

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