Full retirement age for someone
born October 3, 1958.
What is 66 years 8 months (June 2025)
what does ORS stand for?
Online Retrieval System
The monthly allowable amount in 2023 for someone born July 4, 1958.
What is $1,770
Estimated wages for 2020 shown on this MBR
HI-START 12/2019
SMI-START 12/2019
YOER-20 TOER-W TOW-W EARNINGS-$43000
What is $43,000
The amount over the earnings limit is divided by this value to figure the excess earnings
when in FRA year
What is 3 (1 for 3 rule)
Age at which Annual Earnings test
no longer applies.
What is FRA
What doe VIPr stand for
Visitor Intake Process Revision
Any month in which an entitled beneficiary does not earn wages of more than the monthly earnings test, or perform substantial services in self-employment.
What is a Non-Service Month
Number of hours worked per month in self-employment always considered substantial
What is more than 45
The excess earnings is divided by this to determine how many checks to withhold
What is the MBA (Monthly Benefit Amount)
I have been eligible to receive DRC's for 2 years now. If I file today how many months retro can I go back?
What is 6 months
LMETY is the acronym for this
What is Last Monthly Earnings Test Year
Which non-service months on the DEME would you mark with an X if the MET is applied, and they stopped working on July 31, 2023 and was over MET through July.
What is "X" August-December 2023
Type code used on the DEME screen to reflect all earnings for year are from self-employment
Types 1=Wages 2=SEI 3= Wages and SEI
Year TYPE AMOUNT
22 ____ ________
23 ____ ________
What is “2”
Using the AET test, what months earnings are counted to determine excess earnings if under FRA?
What is all earnings in a taxable year
Months counted towards annual earnings test when FRA is attained in July
What is January through June
TCIS stands for
Treasury Check Information System
In order to apply the Monthly Earnings Test, this must exist
What is the Grace Year
I contacted June 30th of 2023 to file for rib (I am under FRA). I have an appointment scheduled for 11/08/23. I want my benefits to start as soon as possible because I stopped working June 1, 2023. What's the earliest I can start my benefits?
MOE= 06/2023 and paid 07/2023
Earnings limit in 2023 for someone with date of birth September 17, 1956
What is NO limit
(FRA attained in January 2023)
FRA is reached in this month and year for someone born on April 1, 1957, no fooling.
What is September 2023
(66 & 6 months, but born on first of month)
What is ARF stand for?
Adjustment of Reduction Factors
Number of months payable in 2023 for a 63 year old with current MBA $1825, MOE 05/2023, 2023 estimated earnings of $8,750 and 2024 estimate of $250,000, 2024 NSMs January through March.
What is Zero
(Grace year used in 2023. AET will not allow payment)
Excess earnings for a 64 year old in 2023, with an earnings estimate of $29,240
What is $4,000
($29,240 - $21,240 = $8,000;
$8,000/2 = $4,000)
Earnings over the allowable amount for someone attaining FRA in October 2023, with annual estimate of $60,000
What is Zero
($60,000 x 12 and multiply by 9= $45,000; 2023 earnings limit for someone attaining FRA is $56,520)