An individual is most likely to receive the highest benefit of Social Security when he or she retires and claims the benefit at the age of _____.
A) 57
B) 62
C) 70
D) 68

Question

Quizplus · Accepted Answer

The highest benefit of Social Security is received when an individual retires and claims the benefit at the age of 70. At this age, the individual would have accumulated the maximum amount of credits, resulting in a higher benefit amount. Choosing to retire earlier at 62 can result in a reduced benefit, while retiring later than 70 will not increase the benefit further.

An Individual Is Most Likely to Receive the Highest Benefit