When did Social Security start?
The Social Security Act was signed by FDR on 8/14/35. Taxes were collected for the first time in January 1937 and the first one-time, lump-sum payments were made that same month. Regular ongoing monthly benefits started in January 1940.
"When" you decide to take your Social Security benefits is a big decision. We have "Your Guide to Retirement Benefits", it has answers to many of the common questions regarding Social Security. For your free copy call 320 679 5183 or ask at the website yoursafemoneyshow.com.
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