FFL Life Course Social Security
This flashcard checks your understanding of Social Security benefits—covering retirement, disability, and survivors—but not covering dismemberment, which falls outside its scope. Social Security’s major programs include Old-Age, Survivors, and Disability Insurance (OASDI), none of which provide specifically for bodily loss like dismemberment
Which of the following does Social Security NOT provide benefits for?
<> Disability
<> Survivorship
<> Dismemberment
<> Retirement
Dismemberment
~ Social Security provides for all these types of benefits EXCEPT dismemberment
Key Terms
Which of the following does Social Security NOT provide benefits for?
<> Disability
<> Survivorship
<> Dismemberment
<> Retirement
Dismemberment
~ Social Security provides for all these types of benefits EXCEPT dismemberme...
To be eligible for Social Security disability benefits, an employee must be unable to perform?
<> Any occupation that the employee is qualified and willing to do
<> His/her current occupation
<> any occupation
<> any occupation that reflects the employee’s education level
Any occupation
~ To be eligible for Social Security disability benefits, an employee must b...
What is Old Age and Survivors Health Insurance (OASDHI) also known as?
<> Medicare
<> Social Security
<> FICA
<> Medicaid
Social Security
~ Social Security, also known as Old Age Survivors and Disability Insurance (OASDI), was signed into law in 1935 by President Ro...
What determines the full amount of Social Security retirement benefits a qualified individual is entitled to receive?
<> Primary Insurance Amount (PIA)
<> Total taxes paid into FICA
<> State of residence
<> Number of dependents
Primary Insurance Amount (PIA)
~ The Primary Insurance Amount (PIA) determines the full amo...
One becomes eligible for Social Security disability after having been disabled for:
<> 6 months
<> 5 months
<> 3 months
<> 12 months
5 months
~ Disability income benefits are paid to the covered worker in the amount of the P...
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| Term | Definition |
|---|---|
Which of the following does Social Security NOT provide benefits for? <> Disability <> Survivorship <> Dismemberment <> Retirement | Dismemberment ~ Social Security provides for all these types of benefits EXCEPT dismemberment |
To be eligible for Social Security disability benefits, an employee must be unable to perform? | Any occupation ~ To be eligible for Social Security disability benefits, an employee must be unable to perform any occupation |
What is Old Age and Survivors Health Insurance (OASDHI) also known as? <> Medicare <> Social Security <> FICA <> Medicaid | Social Security |
What determines the full amount of Social Security retirement benefits a qualified individual is entitled to receive? <> Primary Insurance Amount (PIA) <> Total taxes paid into FICA <> State of residence <> Number of dependents | Primary Insurance Amount (PIA) ~ The Primary Insurance Amount (PIA) determines the full amount of retirement benefits for an eligible person |
One becomes eligible for Social Security disability after having been disabled for: <> 6 months <> 5 months <> 3 months <> 12 months | 5 months ~ Disability income benefits are paid to the covered worker in the amount of the PIA after a 5 month waiting period |