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1935 - Social Security Act, Pub. L. 74–271 1939 - Social Security Amendments of 1939, Pub. L. 76–379 1942 - Revenue Act of 1942, Pub. L. 77–753 1943 - Pub. L. 78–211
Instead, the amendments of 1939 made family protection a part of Social Security. This included increased federal funding for the Aid to Dependent Children and raised the maximum age of children eligible to receive money under the Aid to Dependent Children to 18.
Title VIII establishes a payroll tax used to fund Social Security. In the amendments of 1939, the tax was removed from the Social Security Act, placed in the Internal Revenue Code, and renamed the Federal Insurance Contributions Act. When Medicare was established in 1966, the FICA tax was increased to fund that program as well.
FDR created the country's first welfare program when he signed the Social Security Act into law in 1935. ... 1939, Mabel McFiggin of Rochester, New York, became the first person in America to ...
1939: 3,000: 2% — 1983: 35,700: 10.8%: 2.6% ... The 1983 Amendments to the Social Security Act gradually increased the FRA and, for individuals born in 1960 or ...
John F. Kennedy. In 1961, JFK amended Social Security to allow workers to opt for early retirement at age 62 -- but only men. The amendments also increased the minimum monthly benefit and the ...
As people grow older, their incomes decline and their healthcare expenses grow. Before Social Security, indigence was a part of old age for millions of elderly Americans, who depended on their...
The Federal Security Agency (FSA) was an independent agency of the United States government established in 1939 pursuant to the Reorganization Act of 1939.For a time, the agency oversaw food and drug safety, education funding, administration of public health programs, and the Social Security old-age pension plan.