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Kiplinger
Kiplinger
Business
Donna LeValley

Presidents and Social Security: How Presidents Have Impacted America's First Social Insurance Policy

Worn SS Card.

Since President Roosevelt signed the historic legislation that created the Social Security program in 1935, almost every president has left his mark on a program that over 68 million retirees benefit from monthly.

Without Social Security benefits, 37.3% of older adults would have incomes below the poverty level, all else being equal; with Social Security benefits, only 10.1% fall below that level, according to the Center on Budget and Policy Priorities.

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