Don't Buy The Hype There are a lot of misconceptions about Social Security. Here’s the truth about three of them. Share | Related Content The Power of Tax-Deferred Growth Why are 401(k) plans, annuities, and IRAs so popular? Social Security: Maximizing Benefits There are other ways to maximize Social Security benefits, in addition to waiting to claim them. Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.