How to calculate American pension?

Social Security Retirement Benefits in the United States The pensions of ordinary Americans are all social security retirement benefits. Usually, people have to pay social security tax when they work. Individuals pay 6.2% of their income, and companies also pay the same proportion. If you are self-employed, you need ... want to know more about how American pensions are calculated? Come and have a look with me.

How much pension can I get by immigrating to the United States?

I social security retirement benefits in the United States

Ordinary Americans' pensions are social security retirement benefits, and they also have to pay social security taxes at ordinary times. Individuals pay 6.2% of their income, and companies also pay the same proportion. If you are self-employed, you have to pay 12.40%. The normal retirement age in the United States is now 66, but those born after 1960 are 67. To get a pension, you must accumulate 40 points, one point for every 1 130 income, but at most four points a year, so you must work for at least ten years. If the spouse does not work or does not meet the requirements of working years, he can also receive a small pension. If one spouse dies, the other spouse (who must reach retirement age) and minor children can also enjoy social security.

Second, how to calculate the American pension The calculation method of the American pension is as follows:

1. Take the highest total annual income of 35 years (after deducting inflation, earning 50,000 in 1980 is certainly much more than earning 50,000 in 20 10, and the Social Security Bureau has an annual inflation coefficient, which is finally converted into present value). If you have not worked for 35 years, take the income of all working years;

2. Divide the total income by 35 and then by 12 to get the average monthly income;

3. Calculate the pension of normal retirement age (taking 20 18 as an example): the first 767 is converted into 90%, the interval from 767 to 4624 is 32%, and then 15%. For example, if someone's average monthly income is $4,762, his pension is: 767× 0.9+(4624-767 )× 0.32+(4762-4624 )× 0.15 =1945.

At present, the highest pension in the United States is $2,605 per month, and the average social security payment received by Americans (2065,438+March 2008) is 1 185 (this includes all social security recipients, most of whom are retirees, and their average pension is 1298). If you retire early, you can get it at the earliest age of 62, but it is only 75% of the full amount, and it will drop to 70% in the future. Delayed retirement will be rewarded and pensions will go up.

Now it is a legal society, and many things closely related to life are inseparable from the law, so we should know some legal knowledge.