§404.232. Computing your average monthly wage under the guaranteed alternative.
20 C.F.R. § 404.232
General. With the exception described in paragraph (b) of this section, we follow the rules in § 404.221 to compute your average monthly wage.
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.
Notes, amendments, and revision history
Authority
Authority: Secs. 202(a), 205(a), 215, and 702(a)(5) of the Social Security Act (42 U.S.C. 402(a), 405(a), 415, and 902(a)(5)).
Source
Source: 47 FR 30734, July 15, 1982, unless otherwise noted.