10 Things You Should Know About Social Security

By Matthew FrankelFool.com

Many Americans don't have a great deal of knowledge when it comes to Social Security. In fact, according to recent surveys:

  • 71% of Americans believe that the normal Social Security retirement age is 65.
  • 75% believe you need to be a U.S. citizen to collect benefits.
  • 55% think having a job has no effect on Social Security benefits, no matter what.
  • 41% fear that Social Security won't exist by the time they retire.

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All four of these statements are 100% false. If you were surprised by any of these, check out this slideshow of 10 facts you may be surprised to learn about Social Security.

The article 10 Things You Should Know About Social Security originally appeared on Fool.com.

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