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History and Scope of Social Security in the United States
In August 1935 President Roosevelt signed the Social Security Act, later broadened to cover Old Age Survivors and Disability Insurance. By 1940 monthly benefits began for some survivors, with extensions in 1950 to non-farm self-employed, 1956 disability protections, and 1960 changes to allow benefits regardless of age. The system aims to cover nearly all employed people across sectors, with exemptions for certain high earners, small farm/household workers, and specific federal or railroad programs.
MENTIONED IN THIS ARTICLE
Franklin D. Roosevelt