Old Age Security Benefits

question 20

Multiple Choice

Old Age Security benefits

• A)can be deferred five years which would increase your benefit by 36%.
• B)begins to be clawed back for people whose income reaches $50,000.
• C)can be claimed at age 60,but at a reduced amount.
• D)are a nontaxable benefit.

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Definitions:

Performance Anxiety

The fear or persistent phobia which may impede on the performance of an individual during a test or public speaking, often characterized by intense nervousness or distress.

Fight-Or-Flight Response

A biological response that happens when there is a perceived dangerous event, assault, or threat to one's survival.

Autonomic Nervous System

A part of the peripheral nervous system that controls involuntary body functions, including heart rate, digestion, and respiratory rate.

Physiological Reaction

Automatic, involuntary bodily responses to stimuli, influenced by the nervous and endocrine systems.