Question: Compute the Social Security primary insurance amount (PIA) for a retiree in each of the following cases: a. Average indexed monthly earnings (AIME) of $1,000

Compute the Social Security primary insurance amount (PIA) for a retiree in each of the following cases:
a. Average indexed monthly earnings (AIME) of $1,000
b. AIME of 3,000
c. AIME of $6,000
d. Compare the above three answers and explain the pattern you observe.

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