Current through October 31, 2024
Section 404.232 - Computing your average monthly wage under the guaranteed alternative(a)General. With the exception described in paragraph (b) of this section, we follow the rules in § 404.221 to compute your average monthly wage.(b)Exception. We do not use any year after the year you reach age 61 as a computation base year in computing your average monthly wage for purposes of the guaranteed alternative.