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Zepler [3.9K]
3 years ago
13

What did the Social Security Act of 1935 do?

History
2 answers:
Burka [1]3 years ago
8 0

Answer:

Set up a fund for retired Americans

Explanation:

The Social Security Act was signed into law by President Roosevelt in 1935. It aimed to create Social Security that was a safety net for elderly, unemployed and disadvantaged Americans.

The act wanted to pay financial benefits for retirees over 65 years old based on their payroll tax contributions.

It also structured the Social Security Administration.

Bogdan [553]3 years ago
5 0
Set up fund for retired Americans
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