Use of old-start primary insurance amount as guaranteed alternative.

1. Law
2. CFR 20
3. Employees' Benefits
4. Social Security Administration
5. Federal Old-Age, Survivors and Disability Insurance (1950- )
6. Computing Primary Insurance Amounts
7. Old-Start Method of Computing Primary Insurance Amounts
8. Use of old-start primary insurance amount as guaranteed alternative.

§ 404.242 Use of old-start primary insurance amount as guaranteed alternative.

If your primary insurance amount as computed under the old-start method is higher than your primary insurance amount computed under the average-monthly-wage method, your old-start primary insurance amount will serve as the guaranteed alternative to your primary insurance amount computed under the average-indexed-monthly-earnings method, as described in § 404.230. However, earnings that you have in or after the year you reach age 62, or become disabled or die before age 62 are not used in an old-start computation in this situation.

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