Mooresville, IN asked in Social Security for Indiana

Q: is the year one retires if it is a high 35th, year used for pia?

i retired in june 2019 at that time my earnings for 2019 was one of my highest years, should this year be used for my PIA?

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1 Lawyer Answer

A: The Social Security Administration (SSA) calculates your average indexed monthly earnings (AIME) during the 35 years in which you earned the most. SSA then applies a formula to the AIME to arrive at your basic Social Security retirement benefit, or primary insurance amount (PIA). Your PIA is how much you would receive at your full retirement age.

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