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History of Social Security in America

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History of Social Security in America

Before 1935, growing old in America wasn't a retirement—it was a death sentence. Without pensions or savings, millions were forced to work until their bodies simply gave out. Many ended up as burdens on their children, who had little of their own to give. The Great Depression wiped out whatever meager assets they had left, leaving them destitute. But President Franklin D. Roosevelt changed everything with one historic signature. On August 14th, 1935, the Social Security Act was signed into law, creating a safety net for.

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    Before 1935, growing old in America wasn't a retirement—it was a death sentence. Without pensions or savings, millions were forced to work until their bodies simply gave out. Many ended up as burdens on their children, who had little of their own to give. The Great Depression wiped out whatever meager assets they had left, leaving them destitute. But President Franklin D. Roosevelt changed everything with one historic signature. On August 14th, 1935, the Social Security Act was signed into law, creating a safety net for.