How Well Do You Know Social Security
As Social Security celebrates its 75th anniversary in August, the program is coming under increased scrutiny because of its projected long-term financial problems. President Obama's bipartisan debt commission, which is expected to issue a report in December, is looking for ways to rein in annual federal budget deficits that have run up $13 trillion in red ink. Obama says everything is on the table -- including Social Security. The pressure is on to come up with fixes for the nation's most basic retirement component as the first wave of baby-boomers turn 65 next year.
So how well do you know Social Security? Take our quiz to better understand this vital federal program, which provides an important piece of most retirees' income. In fact, the decisions you make about when and how to take benefits can help fortify your financial security in retirement. Some of our secret strategies to boost your benefits may surprise you, too.
As Social Security celebrates its 75th anniversary in August, the program is coming under increased scrutiny because of its projected long-term financial problems. President Obama's bipartisan debt commission, which is expected to issue a report in December, is looking for ways to rein in annual federal budget deficits that have run up $13 trillion in red ink. Obama says everything is on the table -- including Social Security. The pressure is on to come up with fixes for the nation's most basic retirement component as the first wave of baby-boomers turn 65 next year.
So how well do you know Social Security? Take our quiz to better understand this vital federal program, which provides an important piece of most retirees' income. In fact, the decisions you make about when and how to take benefits can help fortify your financial security in retirement. Some of our secret strategies to boost your benefits may surprise you, too.
