Social Security Act

Started by President Roosevelt, 70 years and counting.

Social Security Act Effects

  • To provide assistance for U.S. citizens to maintain their health and quality of living.
  • The government branch takes money from working people and holds it until that person needs it. Like a government retirement-insurence plan, this plan gives those receiving social security continued independence and income. Helps families and society to be less burdened with the needs of the elderly who cannot work.
  • For the first five years, there were no monthly benefits even though people were paying the tax. The original act has expanded. Yes, for those receiving benefits.
  • It was located in Congress. Signed into law in the White House Cabinet Room.