An individual has an AIME of $3,800 Using the 2024 bend points, what is their PIA at full retirement age?

For 2024, the PIA formula pays 90% of the first $1,174 of AIME and 32% of the amount from $1,174 to $7,078. Since $3,800 is below the second bend point, the calculation is (0.90 × $1,174) + (0.32 × ($3,800 − $1,174)) = $1,056.60 + $840.32 = $1,896.92. The correct choice is $1,896.92.

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