Test Your Social Security Knowledge

Question 1

How much additional Social Security earnings would a veteran who served from 1957 to 1977 receive?

A. Veterans of this period may be credited with an extra $160 in Social Security earnings.

B. Veterans of this period are credited with $300 in additional Social Security earnings.

C. Veterans of this period are credited with no additional Social Security earnings.

D. Veterans of this period may be credited with an extra $200 in Social Security earnings.

Question 2

Can I collect Social Security and unemployment compensation at the same time?

A. No, you will need to choose between Social Security or unemployment benefits.

B. Maybe, the amount you collect depends on your age.

C. No, you will only be able to receive Social Security benefits.

D. Yes, but your unemployment benefit could be cut if you receive a pension or other income.

Question 3

At what age can I start collecting Social Security benefits?

A. Workers can begin receiving benefits at age 62.

B. Workers can begin receiving benefits at age 65.

C. Workers can begin receiving benefits at age 63.

D. Workers can begin receiving benefits at age 61.

Question 4

Who was the first baby boomer to receive their Social Security check?

A. Ernest Ackerman

B. Ida May Fuller

C. Kathleen Casey-Kirschling

D. Peter Wagner

Question 5

About what percentage of retirement-aged Latinos don’t collect benefits?

A. 10%

B. 50%

C. 25%

D. 75%

Question 6

If I retire to a foreign country, can I have my Social Security benefits sent there?

A. Yes, if you are a U.S. citizen, you may receive your benefits in most foreign countries.

B. Yes, if you are a U.S. citizen and have lived in the foreign country for 2 years.

C. No.

D. It depends on how old you are when you move to the foreign country.

Question 7

How many total credits do you need to earn to qualify for Social Security?

A. 30 credits

B. 100 credits

C. 4 credits

D. 40 credits

Question 8

How many Americans receive monthly benefits?

A. 40 million

B. 53 million

C. 75 million

D. 10 million

Question 9

In 2009, how much money did the U.S. government owe to the Social Security trust fund in bonds?

A. $4.5 trillion

B. $9.5 million

C. $2.5 trillion

D. $1 trillion

Question 10

How long do you need to have been previously married to receive an ex-spouses’ benefits?

A. 12 years

B. 10 years

C. 15 years

D. 8 years

Advertisement