Collect social security retirement benefits

Assignment Help Financial Management

Reference no: EM131528730

Benjamin retired at age 62 and began to collect Social Security retirement benefits. After a year of playing 3 rounds of golf per day, Ben is bored and decides to go back to work part-time. In 2016 (when Benjamin is age 63) he earns $25,720 at his part time job. His social security benefit before any adjustment for 2016 is $18,000. What will his actual Social Security benefit be for 2016? (a) $10,000. (b) $13,000. (c) $14,667. (d) $18,000.

Reference no: EM131528730

Questions Cloud

Company personnel policies and procedures : When it comes to a company’s personnel policies and procedures

Why is the practice more prevalent in one industry : Compare and contrast: why is this practice more prevalent in one industry than another? Why does firm X adopt this practice more than firm Y?

Unanimity is a sure symptom of group think : A desperate quest for unanimity is a sure symptom of group think.

Examine and research chronic disease : Examine and research 1 chronic disease (e.g., heart disease, stroke, cancer, diabetes, arthritis, obesity) and write a paper

Collect social security retirement benefits : Benjamin retired at age 62 and began to collect Social Security retirement benefits. What will his actual Social Security benefit be for 2016?

Criminal justice administrators and legislators : What recommendations would you make to criminal justice administrators and legislators, based upon a review of this book.

Review the media on health care reform : Review the media on health care reform. Summarize key elements of reform that are needed from the perspective of the author of the source used.

Conflict over interpersonal relationships is ongoing problem : Conflict over interpersonal relationships is an ongoing problem for mature groups. Possible candidates for group think are groups that are very cohesive.

Analyze the principles of exercise prescription : General Principles of Exercise Prescription for Apparently Healthy Adults. Analyze the purpose and principles of exercise prescription

User Account

All Pages