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Code · CFR · Title 20 — Employees' Benefits · Part 404 — Federal Old-Age, Survivors and Disability Insurance (1950- ) · § 404.404

§ 404.404. How reduction for maximum affects insured individual and other persons entitled on his earnings record.

99 words·~1 min read·/us/cfr/t20/s§ 404.404·

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If a reduction of monthly benefits is required under the provisions of § 404.403, the monthly benefit amount of each of the persons entitled to a monthly benefits on the same earnings record (with the exception of the individual entitled to old-age or disability insurance benefits) is proportionately reduced so that the total benefits that can be paid in 1 month (including an amount equal to the primary insurance amount of the old-age or disability insurance beneficiary, when applicable) does not exceed the maximum family benefit (except as provided in § 404.405 where various savings clause provisions are described).
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