Social Security plays a pivotal role in providing financial security for millions of people. Whether you’re planning for retirement, understanding benefits, or simply curious about its history, this quiz will challenge your knowledge and perhaps teach you something new. Let’s get started and see how well you understand this essential program!
We recommend that you do not leave the page that you are taking this quiz in. Stay honest 🙂
Social Security Quiz Questions Overview
1. When was the Social Security Act signed into law?
1929
1935
1945
1965
2. Which U.S. President signed the Social Security Act into law?
Herbert Hoover
Harry S. Truman
Franklin D. Roosevelt
Dwight D. Eisenhower
3. What is the primary purpose of Social Security?
To provide healthcare
To offer unemployment benefits
To provide financial support to retirees and disabled individuals
To fund education
4. What is the official name of the Social Security program in the United States?
Old-Age, Survivors, and Disability Insurance
Retirement and Disability Insurance
Federal Insurance Contributions Act
National Pension System
5. At what age can you start receiving Social Security retirement benefits?
55
62
65
70
6. What is the maximum taxable earnings amount for Social Security in 2023?
$100,000
$147,000
$160,200
$200,000
7. Which of the following is NOT covered by Social Security?
Retirement benefits
Disability benefits
Life insurance
Survivors benefits
8. How is Social Security funded?
Income taxes
Sales taxes
Payroll taxes
Corporate taxes
9. What is the full retirement age for people born in 1960 or later?
62
65
66
67
10. Which government agency administers the Social Security program?
Department of Health and Human Services
Social Security Administration
Internal Revenue Service
Department of Labor
11. What is the Social Security trust fund projected to be depleted?
2025
2030
2034
2040
12. Can non-citizens receive Social Security benefits?
No, only U.S. citizens can receive benefits
Yes, if they have worked and paid Social Security taxes
Yes, if they have a green card
Yes, if they are on a work visa
We recommend that you do not leave the page that you are taking this quiz in. Stay honest 🙂