Social Security benefits are typically computed using "average indexed monthly earnings."
<h3>What is the Social Security bonus trick?</h3>
That's a myth: 62 is the earliest age you can claim your benefit, but it's not the only age to do so.
Waiting to claim Social Security after age 62 comes with a bonus: roughly 8% additional monthly income per year for each year you delay claiming (up to age 70).
<h3>What is the lowest Social Security monthly benefit?</h3>
The first full special minimum PIA in 1973 was $170 per month.
Beginning in 1979, its value has increased with price growth and is $886 per month in 2020.
The number of beneficiaries receiving the special minimum PIA has declined from about 200,000 in the early 1990s to about 32,100 in 2019.
Learn more about social security here:
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brainly.com/question/22048159</h3><h3 /><h3>#SPJ4</h3>
Answer:
Dr. Cr.
Cash $514,100
Discount on bond payable $15,900
Bond Payable $530,000
Explanation:
Cash is received against the Bond issued is debited due to its debit nature and the bond payable account is credited because it is a liability and its nature is credit.
Cash Received = ( 530,000 / 100 ) x 97 = $514,100
Discount = (530,000/100) x (100 - 97) = $15,900
Answer:
d. Making the guest welcome, making the operation run correctly, keeping control operating costs.
Explanation:
The basic work of managers in the hospitality industry calls for: Making the guest welcome, making the operation run correctly, keeping control operating costs.
The hospitality industry's backbone is comprised of customer service, it is the foundation and cornerstone of all segments of the industry. A business may focus on one or all facets of hospitality but the level of success achieved is dependent on how well the managers and staff, are serving their customers.
Answer:
Commitment
Explanation:
It can be defined as an agreement to do something in the future. It is a relationship among two or more people which is based on a mutual and agreed commitment to one another and includes trust, honesty, love. The different forms of committed relationships are close friendship, marriage, and civil unions.
Answer:
$728,000
Explanation:
Paid in capital can be described as the payments ac company received in exchange for its stock from investors.
From the question, the total paid in capital can be calculated as follows:
Receipt for 42,000 shares at $10 per share = 42,000 * 10 = $420,000
Receipt for 28,000 shares at $11 per share = 28,000 * 11 = $308,000
By adding the two above together and have:
Total paid-in capital = $420,000 + $308,000 = $728,000.
Therefore, total paid-in capital at the end of 2021 is $728,000.