https://retirementplanningscottsdale.com/Anil Vazirani asks: “Did you know that almost half of near-retirees fail basic Social Security quiz?”
Nearly half (47%) of Americans age 50 and older failed a basic five-question true-false quiz on Social Security retirement benefits. Three years ago, when MassMutual surveyed the nation with a broader 10 question true-false quiz, 62% of respondents age 50-plus failed. Thousands of dollars could be left on the table at a time when it really counts.
Here are some of the latest MassMutual quiz questions and results:
- Under current Social Security law, my benefits will not be reduced if I claim them at age 65. False. 49% answered correctly.
- My spouse is eligible to receive Social Security retirement benefits, even if he or she has no individual earnings history. True. 54% answered correctly.
- If my spouse dies, I will continue to receive both my own benefit and my deceased spouse’s benefit; the total Social Security benefits I receive will not change. False. 80% answered correctly.
Find out more about Social Security, Call 1-800-957-5604 x 200 to set up a Complimentary Strategy Session
See full article here: http://www.investmentnews.com/article/20180515/BLOG05/180519967/almost-half-of-near-retirees-fail-basic-social-security-quiz
For More information: Call 1-800-957-5604 x 200 to set up a Complimentary Strategy Session
RETIRE AND STAY RETIRED, SAFE, SMART, AND SECURE!