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Average Indexed Monthly Earnings (AIME): Definition and Overview

By Matthew Frankel, CFP – Dec 30, 2024 at 1:26PM

Key Points

  • AIME calculates Social Security benefits using inflation-adjusted average earnings from the top 35 earning years.
  • The year you turn 62 sets the indexing factors used for calculating your AIME, influencing your benefits.
  • Increasing your AIME can result in higher Social Security benefits by strategically boosting your earnings in top years.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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