Don't Buy The Hype There are a lot of misconceptions about Social Security. Here’s the truth about three of them. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Social Security: By the Numbers Here are five facts about Social Security that might surprise you. IRA Withdrawals that Escape the 10% Tax Penalty The list of IRA withdrawals that may be taken without incurring a 10% early penalty has grown. Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.