Social Security touches the lives of nearly all American retirees. Yet, many people misunderstand even the basic concepts behind this government program.
For the Nationwide Retirement Institute’s latest annual Social Security Survey, just over 1,800 American adults were asked about their attitudes and knowledge regarding Social Security.
As part of the survey, participants were asked to answer 15 true-or-false questions about Social Security. On average, respondents answered six of the 15 questions correctly.
And there were seven questions that less than half of respondents got right. They are as follows.
Social Security benefits are tax-free
True…
Read the full article at MONEYTALKSNEWS.COM
