SOCIAL SECURITY

Social Security

In joined States, we do not need to plan for retirement; Social Security will cover our desires when we are retired

In United States, before 1935, very twosome of workers in United States worked in occupations surrounded by pensions. Of those with remedy, many not ever got any benefits because their benefits were not guaranteed. Primary Social Security Act was passed in 1935. It had two components: the Social Security retirement benefit that administered only to workers and the welfare program for needy elderly called Old Age Assistance. Welfare program was mainly better admired because benefits were bigger. No Social ...