np_09
General information
Question text: | The Retirement Earnings Test (RET) specifies that Social Security withholds benefits if a person below their Full Retirement Age receives benefits while working, and whose earnings from this work exceed a certain amount. To the best of your knowledge, which of the following aspects of the RET is also true? |
Answer type: | Radio buttons |
Answer options: | 1 A person's benefit amount is permanently reduced 2 Once a person reaches Full Retirement Age their benefit amount is increased to account for the withheld benefit 3 The withheld benefit is paid as a lump sum once the person reaches Full Retirement Age. |
Label: | retirement earnings test statement |
Empty allowed: | One-time warning |
Error allowed: | Not allowed |
Multiple instances: | No |