With so many claims filed, on the waiting list, and unfortunately soon to file (well all unfortunate) unemployment; wonder how many previous years is 2020’s national Average Wage Index going to be higher?
Pretty sure I used ; incorrectly.
Covidtial (Social) Security
Moderator: Aitrus
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ProduceMan
- Posts: 585
- Joined: Thu Jan 18, 2018 12:01 pm
Covidtial (Social) Security
Moneys’ Money Making Money (4M)
Re: Covidtial (Social) Security
You think the AWI will drop because of all the unemployment?
It could, it happened in the last recession:
https://www.ssa.gov/oact/cola/AWIgrowth.html
It could, it happened in the last recession:
https://www.ssa.gov/oact/cola/AWIgrowth.html
Owner/creator of TSPcalc.com - "Know your numbers"
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ProduceMan
- Posts: 585
- Joined: Thu Jan 18, 2018 12:01 pm
Re: Covidtial (Social) Security
Think so, read on Forbes website that NAWI is calculated from All wages / total number workers
https://www.forbes.com/sites/ebauer/202 ... -benefits/
https://www.forbes.com/sites/ebauer/202 ... -benefits/
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