Sources of Income in Retirement


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question 1 of 3

A person with a defined benefit retirement plan receives which of the following?

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1. Older adults are eligible for full Social Security benefits when they turn what age?

2. Which type of retirement plan is a large company most likely to offer today?

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About This Quiz & Worksheet

There are various ways to earn income in retirement. The interactive quiz and printable worksheet will ask you multiple choice questions pertaining to these methods and the facts surrounding them.

Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

  • What a person with a defined benefit retirement plan receives
  • The age necessary to be eligible for full Social Security benefits
  • Which type of plan a large company is most likely to offer today
  • Proposed solutions to fund Social Security going forward
  • The name of the 1974 legislature that set forth better standards for the administration of retirement accounts

Skills Practiced

This worksheet and quiz let you practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related lesson on earning income in retirement
  • Critical thinking - apply relevant concepts to examine information about the different methods and programs in a different light
  • Information recall - access the knowledge you've gained regarding Social Security and how it may be funded moving forward

Additional Learning

To learn more about how to make money after stopping work, review the corresponding lesson called Sources of Income in Retirement. This lesson covers the following objectives:

  • Discusses what Social Security is
  • Outlines various pre-retirement programs
  • Defines what benefit pensions are