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Social Security Quiz

Authored by Calvin Williams

Social Studies

12th Grade

Used 5+ times

Social Security Quiz
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13 questions

Show all answers

1.

MULTIPLE SELECT QUESTION

1 min • 1 pt

What are the taxes that the author pays on their biweekly paycheck?

Federal income tax, New Jersey state income tax, New York state income tax, New York City income tax, Medicare tax, and Social Security tax

Federal income tax, New Jersey state income tax, New York state income tax, New York City income tax, Medicare tax, and Social Security tax

Federal income tax, New Jersey state income tax, and Medicare tax

Federal income tax, New Jersey state income tax, New York state income tax, and New York City income tax

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When is Social Security projected to be bankrupt?

2028

2035

2023

2030

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What percentage of Americans believe that Social Security will be able to pay them a benefit when they retire?

Less than half

Almost all

More than half

About a quarter

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the main source of income for most retirees?

Social Security

401(k)s

IRAs

Pension plans

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the average monthly Social Security benefit for retired workers?

$1,500

$1,000

$2,000

$2,500

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the full retirement age to receive the full benefit amount?

62

65

70

66 years and 8 months

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is the estimated year when the Social Security trust fund could run out?

2028

2030

2035

2025

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