How much do you know about Social Security benefits? MassMutual recently gave a 13-question true/false quiz to 1,500 individuals ages 55 through 65, CNBC reported. According to the results, 65% of.
35% of Older Americans Fail This Basic Retirement Test
Americans remain largely ignorant of key aspects of a program that impacts nearly all our lives.
Photo by JenJ Payless2 / Shutterstock.com
Social Security is the cornerstone of retirement for millions of people. Yet, Americans remain largely ignorant of key aspects of how this program works, a new survey has found.
More than one-third (35%) of near-retirees ages 55 to 65 know so little that they failed a basic knowledge quiz about Social Security retirement benefits, according to the latest MassMutual Social Security consumer poll. The poll surveyed 1,500 Americans who are nearing retirement but have not filed for Social Security retirement benefits yet.