Tony is 48 years old. He earned the maximum taxable wage base under So

Tony is 48 years old. He earned the maximum taxable wage base under Social Security annually between the time when he was 26 and when he was 40.

At age 40, he dropped out of the workforce to care for children as his wife had a high-paying job. Which statement is true regarding Tony’s insured status under Social Security?
A) Tony is fully insured and currently insured.
B) Tony is fully insured, but not currently insured.
C) Tony is currently insured, but not fully insured.
D) Tony is neither fully insured nor is he currently insured.

ANSWER

Answer: B