Episode 98: Can You Pass This Social Security Quiz?

Are you ready to put your knowledge of Social Security to the test? How does Social Security fit into your retirement plan? Take the quiz on today’s episode.

 

Read more and get additional financial resources here: https://coveryourassetskc.com/episode-98-can-you-pass-this-social-security-quiz/ 

 

What we discuss on this show: 

0:42 - David is putting co-host Walter to the test.

2:25 - What percent of Americans over age 65 receive Social Security?

3:36 - What’s the most common age for people to begin collected Social Security benefits?

6:02 - Once your Social Security is reduced, is it always reduced?

6:54 - Does the value of your wealth or income matter when claiming benefits?

8:58 - When do retirement benefits end?

11:25 - What makes a spouse benefit for Social Security spousal benefits?

13:20 - Will Social Security Administration pay benefits to college students who are beneficiaries?

15:16 - Can Social Security payments go to the estate of deceased beneficiaries?  

19:21 - Do Social Security benefits increase if you continue to work and contribute after retirement age?