Transcription of What is Social Security?
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What is Social Security?
SSIWhat is Social Security? Social Security was created to promote the economic security of the nation s people1930s Great DepressionAmerica facing theworst economic crisisof modern timesAugust 14, 1935 President Roosevelt signsSocial Security Act as partof the New DealDesigned to pay retired workers age 65 or older a continuing income after insurance for families of a deceased worker1956 disability insurance for disabled workers and their family members1965 Medicare providing health insurance for our beneficiaries 1972 Supplemental Security Income needs-based program funded by the Treasury general fund to provide payments to people with limited income and resources who are age 65 or older, blind.
Disability Insurance . for disabled workers and their family members. 1965. Medicare . providing health insurance for our beneficiaries . 1972. Supplemental Security Income . needs-based program funded by the U.S. Treasury general fund to provide payments to people with limited income and resources who are age 65 or older, blind, or disabled. ...
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