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September 21, 2020 at 09:28 AM
The Social Security Act has established numerous programs that provide supplemental income for insured individuals and their families in the event of disability, when they retire or at death. This supplemental income acts as a safety net — especially in old age — and keeps an estimated 22 million Americans out of poverty.
How much do you know about claiming strategies, spousal benefits and estate implications? Take our quiz below to find out.
— Related on ThinkAdvisor:
- 14 Big Social Security Mistakes Clients Make: Advisors’ Advice
- How to Get Americans to Claim Social Security Later: BPC
- Don’t Claim Social Security Early on Fear of Benefit Cuts
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