Social Security Updates Quiz

What is the main reason the video encourages viewers to stay informed about Social Security updates?

• To switch to a new payment method

• To avoid missing out on new benefits

• To increase their monthly payments

• To plan ahead and avoid surprises

When will the Social Security payment for those receiving SSI be made in July 2025?

• July 16th

• July 3rd

• July 9th

• July 1st

What significant change is happening to Social Security payments starting after September 30th?

• Payments will be increased

• Payments will be made bi-weekly

• Payments will be made electronically

• Payments will be reduced

What is the average Social Security check amount for a retired worker as mentioned in the video?

• $3,000

• $2,500

• $2,000

• $1,500

What is the proposed change to the COLA calculation method?

• Increasing the percentage

• Eliminating COLA

• Switching to CPIE

• Decreasing the percentage

What is the temporary tax deduction amount per person for Social Security benefits from 2025 to 2028?

• $8,000

• $4,000

• $2,000

• $6,000

What is the maximum percentage of a benefit that can be taken back for overpayments?

• 25%

• 50%

• 75%

• 100%

What should you do if you receive a letter about owing money back to Social Security?

• Wait for another letter

• Pay it immediately

• Appeal or ask for a waiver

• Ignore it

What is one of the final reminders given in the video regarding Social Security payments?

• Check your payment date based on your birthday

• Ignore any payment issues

• Increase your monthly contributions

• Switch to a new bank

What action does the video encourage viewers to take if they experience issues with their Social Security?

• Call SSA immediately

• Wait for it to resolve

• Post on social media

• Contact a lawyer