It's important to know a fair amount about Social Security since it will probably provide a meaningful chunk of your retirement income. Indeed, it provides about 30% of older folks' retirement income. The more you know about Social Security and how it works, the savvier decisions you can make and the more money you'll likely be able to get.

Here are a few questions related to Social Security, based on the Nationwide Retirement Institute 2023 Social Security Survey. See how many you can answer correctly -- and how survey respondents did, too.

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Source Fool.com