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Some Social Security History
63 million Americans are receiving Social Security benefits in the form of retiree benefits, survivor benefits, or disability benefits. Social Security benefits are not just for folks with an AARP membership card. Social Security has been around for 79 years. The Social Security Act was signed into law by President Roosevelt in 1935. This act created a social insurance program designed to pay retired workers age 65 or older a continuing income after they retired. The life expectancy of a 65-year-old then was about 10 years; today it’s over 20 years. Read more…