PIA (Primary Insurance Amount)
RetirementThe base Social Security benefit calculated from your 35 highest-earning years, before any adjustments for claiming age.
Example
Example: For someone with $300,000 in retirement savings planning to retire at 65, pia (primary insurance amount) directly affects their strategy. Since it involves the base social security benefit calculated from your 35 highest-earning years, before, understanding this concept could mean an extra $50,000-$100,000 in retirement assets. Plan with our retirement calculator.