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Social Security Helps Many Retirees Survive

Eric Bayne asked: The very first Social Security check was sent through the mail in 1940 even though President Roosevelt had signed the Social Security Act into law, 5 years earlier. Ever since, many American retirees have been grateful to receive that monthly financial safety net as they entered their retirement years. It’s difficult to [...]

Social Security Myths

Shelley Godra asked: Social Security MythsWritten by Shelley Godra             Social Security was created to help finance US citizens after retirement.  A portion of every worker’s paycheck assists in funding the Social Security reserve.  Currently, these paycheck portions are creating a surplus in the reserve because there are more citizens employed than retired.  Some spectators believe [...]

Learning the Fundamentals of Social Security Survivor’s Benefits Claim

Learning the Fundamentals of Social Security Survivor’s Benefits Claim

Claysphere Rivera asked:
General public opinion had generated the belief that Social Security is designed exclusively for retirement. Contrary to this misconception, Social Security System offers a variety of programs that cater not only benefits for retiring individuals but also programs providing assistance for the disabled including their dependents.
This article focuses on Social Security program, [...]

Reminiscing the Social Security Law in the US

Reminiscing the Social Security Law in the US

Jamil Estorninos asked:
It is the Great Depression of the ‘30s that necessitates the creation of a Social Security program in the US. Poverty reaches its highest peak among older citizens that time and something has to be done.
The Social Security Act, which is considered the first Social Security law, was drafted under the administration [...]