Defining Moment
1935
1935
Great Depression and World War II Era
Defining Moment
What Americans Were Trying To Do
Reduce old-age insecurity and create a national contributory system.
What Happened
The Social Security Act created old-age insurance funded through payroll taxes, with benefits tied to covered work. It created a durable federal commitment to income security.
How Public Finance Made It Possible
Payroll-tax finance made retirement support a permanent national system.
What This EnabledWorkersfamilies gained a more predictable base
How Americans BenefitedWorkersfamilies gained a more predictable base
Anchor Events
Top 100 Building Events
