Benefit Amount
The amount of a RIB payment is based upon several factors, including: social security payroll taxes paid into the Social Security Trust Fund, the age at which benefits are claimed, the current earned income of an individual, and military service.
Read more about this topic: Retirement Insurance Benefits
Famous quotes containing the words benefit and/or amount:
“In a country where offices are created solely for the benefit of the people no one man has any more intrinsic right to official station than another.”
—Andrew Jackson (17671845)
“When a person expends the least amount of motion on one action, that is grace.”
—Anton Pavlovich Chekhov (18601904)