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Sedbober [7]
1 year ago
5

Social security pays $0. 90/dollar for your first $826 in earnings, $0. 32/dollar for the next $4154 in earnings, and only $0. 1

5/dollar for additional earnings. why do you think it’s set up this way?
Business
1 answer:
masya89 [10]1 year ago
7 0

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:

<h3>brainly.com/question/22048159</h3><h3 /><h3>#SPJ4</h3>

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A difference between money issued by colonies and money issued by the continental congress was that money issued by each colony
KengaRu [80]

I guess the correct answer is Backed by real wealth

A difference between money issued by colonies and money issued by the Continental Congress was that money issued by each colony was backed by real wealth.

5 0
3 years ago
What is the importance of the Define Phase in terms of its placement in the DMAIC method?
Gre4nikov [31]

Answer:

b. It clarifies the problem, the process and the customer of the process prior to data collection

Explanation:

DMAIC is an acronym for various phases in carrying out projects and they are Define, Measure, Analyze, Improve, Control.

The Define phase is widely known as the primary phase of DMAIC which is characterized by the project agreement, customer demands and requirements, and process operation strategy.

Hence, the importance of the Define Phase in terms of its placement in the DMAIC method is that " it clarifies the problem, the process and the customer of the process prior to data collection"

4 0
3 years ago
The inaccuracy of the grapevine has more to do with the message output than with the input. a. True b. False
Dennis_Churaev [7]

Answer:

The answer is b. False

Explanation:

6 0
2 years ago
Read 2 more answers
27) Cooley Landscaping Company needs to borrow $30,000 for a new front-end dirt loader. The bank is willing to loan the funds at
viva [34]

Answer:

The annual payment at the end of each year: $4,572.23

Explanation:

The formular for calculating Present value of Annuity is applied in this case to help us find the equal annual payment.

Applying information in the question, we have the annuity that have:

n= 10 as there are 10 equal annual payments paid at the end of each year during 10 years;

i = 8.5% per annum compounded annually, as stated in the question;

PV = Borrowed amount = $30,000;

C = the equal annual payment.

The formular for PV of Annuity: PV = (C/i) x [ 1- (1+i)^(-n)] <=> C = (PV x i) / [ 1- (1+i)^(-n)]

Thus, C = (30,000 x 8.5%) / [ 1- 1.085^(-10) ] = $4,572.23

7 0
3 years ago
Why do organizations identify their opportunities and threats??​
matrenka [14]

Answer:

So they know what do when they fight back or attack

7 0
3 years ago
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