ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Based off of http://www.ssa.gov/pubs/EN-05-10070.pdf with projection of 3%/year index factor reduction and 3% FICA limit rise (i.e. canceling out)
2
3
YearMaximum/actual countable earnings (capped at FICA limit)Index factorIndexed earnings
4
2014$118,5001.00$118,500
5
2015$122,0550.97$118,393
6
2016$125,7170.94$118,287
7
2017$129,4880.91$118,180
8
2018$133,3730.89$118,074
9
2019$137,3740.86$117,968
10
2020$141,4950.83$117,862
11
2021$145,7400.81$117,755
12
2022$150,1120.78$117,649
13
2023$154,6160.76$117,544
14
2024$159,2540.74$117,438
15
2025$164,0320.72$117,332
16
2026$168,9530.69$117,227
17
2027$174,0210.67$117,121
18
2028$179,2420.65$117,016
19
2029$184,6190.63$116,910
20
2030$190,1580.61$116,805
21
2031$195,8620.60$116,700
22
2032$201,7380.58$116,595
23
2033$207,7900.56$116,490
Close enough to constant.
24
25
Sum for 20 years:$2,349,846per month:$9,791
26
Normalize to 35 month-years:$5,595$2,794theoretical max using bend point
27
28
Bend point formula:$2,165at age 66
29
$1,624at age 62
30
$2,945at age 70
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100