Happy 84th Birthday, Social Security
Regardless of whether or not Siri or Alexa added it to your calendar, today, Aug. 14, marks the 84th "birthday" of the most storied social program in our nation's history: Social Security.
When the Social Security Act was signed into law on Aug. 14, 1935, by President Franklin D. Roosevelt, it was unclear just how important this program would become. Today, it's responsible for issuing more than 63 million benefit checks each month, 70% of which go to retired workers, and according to an analysis from the Center on Budget and Policy Priorities, it keeps more than 22 million people out of poverty, including over 15 million retired workers.
Image source: Getty Images.
Source Fool.com
