---
kind: "section"
citation: "20 C.F.R. § 404.232"
title: "20"
number: "404.232"
heading: "Computing your average monthly wage under the guaranteed alternative."
url: "https://uscodex.org/cfr/20/404.232"
---

# §404.232. Computing your average monthly wage under the guaranteed alternative.

- (a) **General.** With the exception described in [paragraph (b)](#b) of this section, we follow the rules in [§ 404.221](/cfr/20/404.221.md) 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.

## Notes

### 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.