1.

Which of the following is (are) true?

I. For some taxpayers, 100% of their Social Security income is subject to taxation

II. All taxpayers are taxed on at least 50% of their Social Security income

Select one:

a. I only

b. II only

c. I and II

d. Neither I or II

2.

Which of the following statements concerning Social Security is true?

I. Some people are not eligible to receive their full Social Security benefit until age 70.

II. A person working while collecting social security can have their benefit limited by the retirement earnings limitation test until they reach age 69.

Select one:

a. I only

b. II only

c. Both I and II

d. Neither I nor II