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Author Question: Assuming Social Security income is not absolutely necessary at age 62, the decision whether to begin ... (Read 48 times)

Collmarie

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Question 1

If a person who qualified for Social Security benefits dies, all of the following are benefits provided to the survivors 
except


◦ a one-time payment to the spouse.
◦ monthly income payments to the spouse with eligible children or if the spouse is at least age 60.
◦ monthly income payments to children.
◦ tuition reimbursement for a child attending college.

Question 2

Assuming Social Security income is not absolutely necessary at age 62, the decision whether to begin receiving reduced payments at age 62 versus waiting for full retirement age is


◦ a financial analysis decision based on present value and life expectancy.
◦ a moot point since the government tells you when you are eligible.
◦ a decision based on expected inflation rates.
◦ a moot point since you should take the money as soon as possible.


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Marked as best answer by Collmarie on Apr 14, 2019

pallen55

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