Quiz: Social Security Basics

To be considered currently insured, a worker must have earned how many quarters of coverage in the 13-quarter period before he or she dies? A. six B. 40 C. 13 D. one for each year since turning age 21

A. six To be considered currently insured, a worker must have 6 quarters of coverage in the 13-quarter period before he or she dies. Being currently insured entitles the worker to certain survivor benefits payable to his or her family if the worker dies.

For Social Security purposes, Brian is considered currently insured while Samantha is fully insured. Which of the following statements is correct? A. Brian is eligible for more Social Security benefits than Samantha. B. Samantha is eligible for more Social Security benefits than Brian. C. Samantha's family will not be entitled to survivor benefits if she dies. D. Brian's family will not be entitled to survivor benefits if he dies.

B. Samantha is eligible for more Social Security benefits than Brian. The Social Security benefits available to a fully insured worker are much greater than those available to a currently insured worker. Brian's currently insured status only entitles Brian's family to certain survivor benefits if he dies. In contrast, Samantha is entitled to retirement, survivor, and disability benefits as a fully insured worker.

Eligibility for OASDI benefits is determined on the basis of: A. the worker's age B. the number of dependents a worker has C. the number of quarters of coverage the worker has earned D. a worker's economic need

C. the number of quarters of coverage the worker has earned A worker's insured status is based on the number of quarters of coverage (QCs) he or she has earned.

Jenny is considered fully insured under Social Security, which qualifies her for which of the following benefits? A. survivor benefits only B. disability benefits and retirement benefits only C. survivor benefits and retirement benefits only D. disability benefits, survivor benefits, and retirement benefits

D. disability benefits, survivor benefits, and retirement benefits Being fully insured entitles a worker to full OASDI benefit coverage, including disability benefits, survivor benefits, and retirement benefits.