Social Security history

 Here's a little Social Security history lesson.

Who was the first person to get Social Security benefits?

A: A fellow named Ernest Ackerman got a payment for 17 cents in January 1937. This was a one-time, lump-sum pay-out--which was the only form of benefits paid during the start-up period January 1937 through December 1939.

If Ernest Ackerman only received a single lump-sum payment, who was the first person to received ongoing monthly benefits?

A: A woman named Ida May Fuller , from Ludlow, Vermont was the first recipient of monthly Social Security benefits.

We have Your Guide to Retirement Benefits if you'd like your free copy go to yoursafemoneyshow.com.