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Quiz | January 2015

How Well Do You Know Social Security?

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Social Security is coming under increased scrutiny because of its projected long-term financial problems. Suggested changes to the program have included gradually raising the normal retirement age for full benefits to age 69, trimming benefits for wealthier retirees and raising the amount of wages subject to payroll taxes that fund the program. With thousands of baby-boomers turning 65 every day for the next 14 years, the pressure is on to come up with fixes to ensure the program lasts.

So how well do you know Social Security? Take our quiz to better understand this 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.

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