Social Security Full Retirement Age (FRA)
Quiz about Social Security Full Retirement Age, including claiming early, benefit reductions, and earnings limits.
Questions
What is the current full retirement age (FRA) for people born in 1960 or later?
- 66
- 67
- 68
- 69
If you were born in 1954, what is your full retirement age?
- 65
- 66
- 67
- 68
What is the earliest age at which you can start receiving Social Security retirement benefits?
- 62
- 65
- 67
- 70
If you start receiving Social Security retirement benefits before your full retirement age, how much will your benefits be reduced?
- 5%
- 10%
- 15%
- 20%
If you continue to work after you reach your full retirement age, will your Social Security benefits be affected?
- Yes
- No
What is the maximum amount of earnings that you can have in a year without affecting your Social Security benefits?
- $18,960
- $25,000
- $32,000
- $40,000
If you exceed the earnings limit in a year, how much will your Social Security benefits be reduced?
- $1 for every $2 you earn over the limit
- $1 for every $3 you earn over the limit
- $1 for every $4 you earn over the limit
- $1 for every $5 you earn over the limit
When will the earnings limit be eliminated?
- At age 65
- At age 66
- At age 67
- Never
What is the Social Security earnings test?
- A test that determines whether you are eligible for Social Security benefits
- A test that determines how much your Social Security benefits will be
- A test that determines whether you are required to pay Social Security taxes
- A test that determines whether you are eligible for Medicare benefits
What is the Social Security retirement age for people born in 1937 or earlier?
- 65
- 66
- 67
- 68
What is the Social Security retirement age for people born between 1943 and 1954?
- 65
- 66
- 67
- 68
What is the Social Security retirement age for people born in 1960 or later?
- 65
- 66
- 67
- 68