[yorkiemom]

You are correct.. However, not many people start their working life making SS’s max income. So those higher earning years replacing the lower years has some benefit.

Every case will be different. But once one has reached the point where your AIME is above the 2nd bend point, only 15% of earnings count. But you still get to pay in the full amount.

Socialism.

Best to quit paying into Big Brother at that point, IMO, if one can.

[cynwoody]

But once one has reached the point where your AIME is above the 2nd bend point, only 15% of earnings count.

I didn't know about AIME or bend points. Thanks for educating me.

A quick google leads to this blog post by Mary Beth Franklin.