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Retirement and You 2011

Quiz: CNBC Quiz: Retirement and You 2011

Question 3 of 9

Social Security retirement benefits are based on what?

  1. Last five years of earnings before retirement.
  2. Average of your 35 highest years of earnings.
  3. Social Security is based on your average earnings during a lifetime of work under the system.
Correct!

Your average earnings during a lifetime of work under the Social Security system.
Source: http://socialsecurity.gov