Social Security Q & A- When did Social Security start? - E-PersonalFinance

When did Social Security start?

The Social Security Act was signed by President Franklin Roosevelt on August 14, 1935. 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.

Related Answers

How do I sign up for direct deposit of my Social Security check?
Is there a toll-free number that people outside the United States can call to contact Social Security?
How do I find Form 8822, IRS Change of Address form?
Can I get a password from Social Security?
I get Supplemental Security Income (SSI) because I am elderly and have no income. My brother recently died and left me the money he had in a savings account. Will this extra money affect my SSI benefits? Will my SSI payments stop?
All Answers

More Resources

Personal Finance Answers categories Why search the Web, when you can go straight to the best.

Question & Answers

Questions & Answers

Can I use an agent for a new home?

Yes, however buyers should be aware of the...Read More

Quizzes

Quizzes

Hundreds of Investing & Finance Quizzes, Including

Word of the Day

Word of the Day

Credit Counseling

"Credit counseling" is counseling that helps individuals focus on reorganizing...

Read more