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!
Investment Advisory Services Offered Through Horter Investment Management LLC, An SEC-Registered Investment Adviser. Horter Investment Management Does Not Provide Tax Or Legal Advice. Investment Advisor Representatives Of Horter Investment Management May Only Conduct Business With Residents Of The States And Jurisdiction In Which They Are Properly Registered. Insurance And Annuity Products Offered Through Secured Financial Solutions LLC. Securities Transactions For Horter Investment Management Clients Are Placed Through Trust Company Of America, TD Ameritrade And ED&F Man Capital Markets..