RSSA Module 1 - TEST
What are two of the All of the above
Automatic Determinations that
the Social Security
Administration makes each
year?
COLA and PIA Bend Points
Earnings Test exempt limits
and Quarter of Coverage
values
Average Wage Index and
Maximum Family Benefit Bend
Points
All of the above
Full Retirement Age (FRA) is Determining the age which a retiree collects their PIA.
used for which of the
following?
Determining if a worker is
eligible for Social Security
benefits.
Determining the age which a
retiree collects their PIA.
Determining whether a
worker's pension will affect
their benefit.
Determining a worker's PIA
benefit amount based on their
earnings history.
As an employee for a 6.2%
company, what percentage
of your earned income (up to
the annual limit) do you pay
into Social Security?
6.2%
2.9%
12.4%
,15.3%
, Mark (66) is married to Claire Claire, Alice, and Andrew
(58). Their children are Alice
(18) who is a senior in high
school, and Andrew (15) who
is a sophomore. As a retired
worker, which of Mark's family
members are entitled to
benefits from OASI?
Claire, Alice, and
Andrew Andrew and
Alice
Claire only
Claire and Andrew
If a person with an FRA of 67 50%
starts collecting a spousal
benefit at age 69, what
percentage of their spouse's
PIA will they receive?
50%
100%
116%
None
If Margaret's PIA is $2,550 and $7,344
her FRA is 67, what is the
difference in her benefit if she
claims at age 67 versus age
70?
$7,344 per year
$860 per month
$660 per month
$9,644 per year
Arlene has a PIA of $2,000 and a $500
FMB of
$3,500. She claims benefits at
age 62. Her three children
Luna (13), Stella (15), and
Orion (17) are also going to
receive benefits.
Considering the FMB rules
how much will Luna, Stella,
and Orion each receive?
$700
$1,000
$1,167
$500
What are two of the All of the above
Automatic Determinations that
the Social Security
Administration makes each
year?
COLA and PIA Bend Points
Earnings Test exempt limits
and Quarter of Coverage
values
Average Wage Index and
Maximum Family Benefit Bend
Points
All of the above
Full Retirement Age (FRA) is Determining the age which a retiree collects their PIA.
used for which of the
following?
Determining if a worker is
eligible for Social Security
benefits.
Determining the age which a
retiree collects their PIA.
Determining whether a
worker's pension will affect
their benefit.
Determining a worker's PIA
benefit amount based on their
earnings history.
As an employee for a 6.2%
company, what percentage
of your earned income (up to
the annual limit) do you pay
into Social Security?
6.2%
2.9%
12.4%
,15.3%
, Mark (66) is married to Claire Claire, Alice, and Andrew
(58). Their children are Alice
(18) who is a senior in high
school, and Andrew (15) who
is a sophomore. As a retired
worker, which of Mark's family
members are entitled to
benefits from OASI?
Claire, Alice, and
Andrew Andrew and
Alice
Claire only
Claire and Andrew
If a person with an FRA of 67 50%
starts collecting a spousal
benefit at age 69, what
percentage of their spouse's
PIA will they receive?
50%
100%
116%
None
If Margaret's PIA is $2,550 and $7,344
her FRA is 67, what is the
difference in her benefit if she
claims at age 67 versus age
70?
$7,344 per year
$860 per month
$660 per month
$9,644 per year
Arlene has a PIA of $2,000 and a $500
FMB of
$3,500. She claims benefits at
age 62. Her three children
Luna (13), Stella (15), and
Orion (17) are also going to
receive benefits.
Considering the FMB rules
how much will Luna, Stella,
and Orion each receive?
$700
$1,000
$1,167
$500
