Verified
top 35 years earnings/420 - AIME
1954 - 66 and 1960 - 67 - FRA
62 to FRA lose 1/2 above 17,040; FRA lose 1/3 above 45,360; After FRA month - unlimited/no earnings
reduction - earnings and SS
62, any age if child under 16 or disabled; married 1 year; spouse filed; up to 50% PIA - spousal benefits
married 9 months; reduced benefits at 60; currently unmarried r remarried after 60; up to 100% spouse
PIA including delayed credits - surviving spouse benefits
married 10 years; currently unmarried; 62+; spousal and survivor benefits; if divorce ≥ 2 years ago ex-
spouse need not have own benefit claimed but must be 62 - divorce benefits
spousal benefits if child <16, lump sum DB, benefits is <18, not eligible for spousal retirement - Currently
insured
use of debt in financing - Financial risk
standard deviation - Sharpe
Beta - Treynor
alpha - Jensen
-,+,+ - PV, FV, PMT
, set to end mode - Prices of bonds
volatility - beta is a measure of
1,320 (4 quarters=5,280) - 1 quarter
at least 6 credits in last 13 quarter periods - Currently insured quarters
63-73 - Traditional IRA Phaseout - single
active 101-121 nonactive spouse 189-199 - Traditional IRA Phaseout - married
single 120-135 married 189-199 - Roth IRA Phaseout
hospital, skilled nursing care, home health care, hospice, blood; spell of illness ends once out of
hospital/skill nursing for 60 days - Medicare Part A
physician, outpatient, preventive care - Medicare Part B
A+B deductibles, extended hospital part A, coinsurance part B, costs in excess B approved charges,
Nursing home, guaranteed-no increase for pe condition - Medigap
combines ABD, additional benefits for lower cost of ABDsupp, penalties and pe conditions if not enrolled
at 65 or when creditable coverage ends - Medicare Advantage Part C
death, disability, SEPP, medical expense >10% AGI - Early Withdrawal Penalty Exceptions - all plans
1st time home up to $10k, health insurance prem. while unemployed, qualified education expenses -
Early Withdrawal Penalty Exceptions - Traditional IRA