6 Ways Social Security Has Changed Over Time
Ever since President Franklin D. Roosevelt signed the Social Security Act back in 1935, millions of Americans have been benefiting from one of the most crucial programs our country has ever introduced. But a lot has changed in the program's nearly 82-year history. Here's a brief overview of how Social Security has evolved over time.
Back when Social Security was introduced, its purpose was to provide retired workers with some form of continuous income. But in 1939, amendments were made to the program that have since allowed spouses and minor children of retired or deceased workers to receive benefits as well. Furthermore, disability benefits were tacked on in 1956, thus allowing more Americans to sustain themselves financially. Then, in 1965, Medicare was introduced under the Social Security Act, which, to this day, provides health coverage for millions of retirees.
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