Which of the following statements concerning Social Security retirement benefits is (are) correct? If an individual receives retirement benefits based on his spouse’s earnings record, his benefits will cease upon his divorce from her, unless he is 62 years of age or older and he was married to that spouse for at least 10 years. Widows and widowers will continue to receive survivors benefits upon remarriage of the widow or widower if 60 years of age or older.   a. 1 only. b. 2 only. c. Both 1 and 2. d. Neither 1 nor 2

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Which of the following statements concerning Social Security retirement benefits is (are) correct?

  1. If an individual receives retirement benefits based on his spouse’s earnings record, his benefits will cease upon his divorce from her, unless he is 62 years of age or older and he was married to that spouse for at least 10 years.
  2. Widows and widowers will continue to receive survivors benefits upon remarriage of the widow or widower if 60 years of age or older.

 

a. 1 only.

b. 2 only.

c. Both 1 and 2.

d. Neither 1 nor 2.

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