RSSA Module 1 Test with all Correct & 100% Verified
Answers |Actual Complete Update |Already Graded A+
What are two of the 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 ✔Correct Answer-All of the above
Full Retirement Age (FRA) is 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. ✔Correct
Answer-Determining the age which a retiree collects their PIA.
As an employee for a 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% ✔Correct Answer-6.2%
Mark (66) is married to Claire (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 ✔Correct Answer-Claire, Alice, and Andrew
If a person with an FRA of 67 starts collecting a spousal benefit at age 69, what percentage of
their spouse's PIA will they receive?
50%
100%
116%
None ✔Correct Answer-50%
If Margaret's PIA is $2,550 and 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 ✔Correct Answer-$7,344
Arlene has a PIA of $2,000 and a 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 ✔Correct Answer-$500
What determines the amount of a divorced spouse's benefit, and what is the maximum
amount?
Depending on the length of the marriage, the ex-spousal benefit is between 32.5% and 50% of
their ex's PIA
The ex-spousal benefit is a fixed benefit amount, always 50% of the worker's PIA
The ex-spousal benefit is dependent on the age of the person when they file, with the maximum
of 50% of their ex's PIA
An ex-spouse is not entitled to Social Security benefits ✔Correct Answer-Determining the age
which a retiree collects their PIA.
Which of the following is a true statement about Social Security benefits?
Determining PIA is a 2-step procedure using AIME
AIME is the monthly amount that retirees will receive if they start collecting at FRA
The monthly benefits a retiree will receive is an average of the sum of a worker's years of
earnings divided by the number of months in those years
PIA is the preliminary identification amount ✔Correct Answer-Determining PIA is a 2-step
procedure using AIME
Assuming FRA of age 67, if Spouse A has PIA of $900 and Spouse B has a PIA of $2,700, what will
Spouse A's benefit be if they claim at age 70, after spouse B has claimed?
$1,116 in retirement benefits
Total of $1,350: $1,116 retirement benefits and $234 spousal benefits
Total of $1,350: $900 retirement benefit and $450 additional spousal benefit
$1,350 in spousal benefits ✔Correct Answer-Total of $1,350: $1,116 retirement benefits and
$234 spousal benefits
Terry (58) lost his wife Samantha to a heart attack. Their son, David, is 15 and their daughter
Cathy is a high school senior who just turned 18 and has not yet graduated. Which of
Samantha's family members are entitled to survivor benefits?
None of them
Terry but not until age 60
Terry and David
Answers |Actual Complete Update |Already Graded A+
What are two of the 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 ✔Correct Answer-All of the above
Full Retirement Age (FRA) is 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. ✔Correct
Answer-Determining the age which a retiree collects their PIA.
As an employee for a 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% ✔Correct Answer-6.2%
Mark (66) is married to Claire (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 ✔Correct Answer-Claire, Alice, and Andrew
If a person with an FRA of 67 starts collecting a spousal benefit at age 69, what percentage of
their spouse's PIA will they receive?
50%
100%
116%
None ✔Correct Answer-50%
If Margaret's PIA is $2,550 and 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 ✔Correct Answer-$7,344
Arlene has a PIA of $2,000 and a 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 ✔Correct Answer-$500
What determines the amount of a divorced spouse's benefit, and what is the maximum
amount?
Depending on the length of the marriage, the ex-spousal benefit is between 32.5% and 50% of
their ex's PIA
The ex-spousal benefit is a fixed benefit amount, always 50% of the worker's PIA
The ex-spousal benefit is dependent on the age of the person when they file, with the maximum
of 50% of their ex's PIA
An ex-spouse is not entitled to Social Security benefits ✔Correct Answer-Determining the age
which a retiree collects their PIA.
Which of the following is a true statement about Social Security benefits?
Determining PIA is a 2-step procedure using AIME
AIME is the monthly amount that retirees will receive if they start collecting at FRA
The monthly benefits a retiree will receive is an average of the sum of a worker's years of
earnings divided by the number of months in those years
PIA is the preliminary identification amount ✔Correct Answer-Determining PIA is a 2-step
procedure using AIME
Assuming FRA of age 67, if Spouse A has PIA of $900 and Spouse B has a PIA of $2,700, what will
Spouse A's benefit be if they claim at age 70, after spouse B has claimed?
$1,116 in retirement benefits
Total of $1,350: $1,116 retirement benefits and $234 spousal benefits
Total of $1,350: $900 retirement benefit and $450 additional spousal benefit
$1,350 in spousal benefits ✔Correct Answer-Total of $1,350: $1,116 retirement benefits and
$234 spousal benefits
Terry (58) lost his wife Samantha to a heart attack. Their son, David, is 15 and their daughter
Cathy is a high school senior who just turned 18 and has not yet graduated. Which of
Samantha's family members are entitled to survivor benefits?
None of them
Terry but not until age 60
Terry and David
