Social Security Retirement Quiz Test How Well Do You Know Your Social Security? Think you know all there is to know about Social Security? Take our quiz and find out! Step 1 of 11 9% What is the 2017 earnings cap for FICA?* $100,000 $127,200 $118,500 How is your personal social security funded?* 7.9% of your annual income, no cap 15.3% of first $127,200 of your annual income 5% of your annual income over $56,000 Where is Social Security money invested?* Government bonds Money market accounts Stocks and mutual funds What percentage of Social Security benefits are paid out for disability claims?* 25% 14% 17% What percentage of Social Security benefits are paid out for survivor benefits?* 10% 14% 20% What percentage of retirees live solely on Social Security benefits?* 40% 20% 10% What is the earliest age you can start collecting standard Social Security benefits?* 58 52 62 If you elect to take Social Security benefits early, on average, by what percentage are your benefits reduced?* 40%-50% 10%-20% 25%-30% What was the most recent cost of living increase for Social Security for 2017?* 0.3% 1.4% 1.0% What can be done to fix Social Security funding issues?* Raise income limits from $127,200 Lower payments Both Enter Your Email to Get Your ResultsYour Name* Your Name Email* CAPTCHANameThis field is for validation purposes and should be left unchanged. Δ