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Social Security Retirement Benefits

This quiz will test your knowledge of Social Security retirement benefits.

14 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

At what age can you start receiving Social Security retirement benefits?

  1. 62
  2. 65
  3. 67
  4. 70
Question 2 Multiple Choice (Single Answer)

What is the full retirement age for Social Security benefits?

  1. 65
  2. 66
  3. 67
  4. 70
Question 3 Multiple Choice (Single Answer)

How much will your Social Security benefits be reduced if you start receiving them at age 62?

  1. 5%
  2. 10%
  3. 15%
  4. 20%
Question 4 Multiple Choice (Single Answer)

How much will your Social Security benefits be increased if you wait until age 70 to start receiving them?

  1. 5%
  2. 10%
  3. 15%
  4. 20%
Question 5 Multiple Choice (Single Answer)

What is the maximum amount of Social Security retirement benefits that you can receive?

  1. $2,000 per month
  2. $3,000 per month
  3. $4,000 per month
  4. $5,000 per month
Question 6 Multiple Choice (Single Answer)

What is the average Social Security retirement benefit?

  1. $1,500 per month
  2. $2,000 per month
  3. $2,500 per month
  4. $3,000 per month
Question 7 Multiple Choice (Single Answer)

How are Social Security retirement benefits calculated?

  1. Based on your earnings history
  2. Based on your age
  3. Based on your marital status
  4. Based on your number of children
Question 8 Multiple Choice (Single Answer)

What is the windfall elimination provision?

  1. A provision that reduces Social Security benefits for people who also receive a pension from a government job
  2. A provision that increases Social Security benefits for people who also receive a pension from a private job
  3. A provision that eliminates Social Security benefits for people who also receive a pension from any job
  4. A provision that reduces Social Security benefits for people who also receive a disability benefit
Question 9 Multiple Choice (Single Answer)

What is the government pension offset provision?

  1. A provision that reduces Social Security benefits for people who also receive a pension from a government job
  2. A provision that increases Social Security benefits for people who also receive a pension from a private job
  3. A provision that eliminates Social Security benefits for people who also receive a pension from any job
  4. A provision that reduces Social Security benefits for people who also receive a disability benefit
Question 10 Multiple Choice (Single Answer)

What is the Social Security earnings test?

  1. A test that determines how much you can earn from work while still receiving Social Security benefits
  2. A test that determines how much you can earn from investments while still receiving Social Security benefits
  3. A test that determines how much you can earn from any source while still receiving Social Security benefits
  4. A test that determines how much you can earn from a government job while still receiving Social Security benefits
Question 11 Multiple Choice (Single Answer)

What is the Social Security lump sum death benefit?

  1. A one-time payment made to the surviving spouse of a Social Security recipient
  2. A one-time payment made to the surviving children of a Social Security recipient
  3. A one-time payment made to the surviving parents of a Social Security recipient
  4. A one-time payment made to the surviving siblings of a Social Security recipient
Question 12 Multiple Choice (Single Answer)

What is the Social Security auxiliary benefit?

  1. A benefit paid to the spouse of a Social Security recipient
  2. A benefit paid to the children of a Social Security recipient
  3. A benefit paid to the parents of a Social Security recipient
  4. A benefit paid to the siblings of a Social Security recipient
Question 13 Multiple Choice (Single Answer)

What is the Social Security survivor benefit?

  1. A benefit paid to the surviving spouse of a Social Security recipient
  2. A benefit paid to the surviving children of a Social Security recipient
  3. A benefit paid to the surviving parents of a Social Security recipient
  4. A benefit paid to the surviving siblings of a Social Security recipient
Question 14 Multiple Choice (Single Answer)

What is the Social Security disability benefit?

  1. A benefit paid to people who are unable to work due to a disability
  2. A benefit paid to people who are unable to work due to an illness
  3. A benefit paid to people who are unable to work due to an injury
  4. A benefit paid to people who are unable to work due to a mental illness
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