Which of the following does not influence the amount of a retiree's Social Security retirement benefits?
A) Amount of covered earnings for each year of included work
B) Number of years after a person's 21st birthday until the year before a death, disability, or retirement
C) Annual amount of non-wage income over the years calculated in the AIME
D) Maximum earnings amount subject to the tax

Question

Quizplus · Accepted Answer

The amount of a retiree's Social Security retirement benefits is influenced by their covered earnings over their working years, the number of years worked, and the maximum earnings amount subject to Social Security tax. Non-wage income, such as investment income, is not included in the calculation of Average Indexed Monthly Earnings (AIME) and therefore does not influence Social Security retirement benefits.

Which of the Following Does Not Influence the Amount of a Retiree's