Most People Can't Answer These 3 Social Security Questions
Most people understand that Social Security is a government program they pay into throughout their working lives in exchange for guaranteed monthly payouts in retirement. But if you press them for more specifics on how it works, they'll probably draw a blank. A recent Nationwide survey found the vast majority of people cannot correctly answer the three Social Security questions listed below.
It's OK if you don't understand everything about Social Security, but you should know how to answer these questions before signing up for benefits. Misunderstanding these key concepts could cause you to claim benefits at the wrong time and cost yourself money.
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Source Fool.com
