Social Security Act of 1935
Just another benefit of getting old!
Facts you have to know!
- The Social Security Act was created in 1935.
- The purpose of the Social Security Act was to enable states to provide funds to disabled, unemployed, and elderly persons. It acted as a saftey net for people who didn't have jobs to make money.
- The earliest you can recieve social security is 62 years old. Which is the same as it was in 1935.
- Today about 57 million Americans recieve social security.
- When you pay social security taxes, you dont pay for your social security but for the generations above you.
Get ready to lay around and get paid!
Social Security Card
This is a form of identification for every American. It allows the government to keep up with your information and see when you qualify for social security.
Map of Social Security Dependency
As you can see on the map America is fairly dependent on social security. The dark blue areas are where 9.84% to 26.05% of personal income is from Social Security!
F.D.R
The Social Security Act of 1935 was created by Franklin Delenor Roosevelt in the fight against the Great Depression.