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

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Tim, a 66 years old worker, is decding between retirement either this year or the next year. His average monthly benefit is determined to be $1,635.40. Assume that the benefit is the same for this year and the next year. Compute nim's annual benefit reduction amounts in each of the following scenarios. - If Tim retires this year and secures a part-time job earning $19,000, his annual benefit reduction amount is - If Tim 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: - If Tim retires next year and secures the same part-time job, the annual benefit reduction amount is

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