Nov 22, 2017

Eight Pivotal Dates For Social Security

  
The Motley Fool has a list of what it considers the eight pivotal dates in Social Security history. What do you think of their list?
  • Aug. 14, 1935: The Social Security Act is signed into law 
  • Aug. 10, 1939: Social Security benefits are broadened to include dependents and survivors 
  • Aug. 1, 1956: Amendments are introduced to provide benefits to the disabled 
  • Jun. 30, 1961: Amendments allow workers to elect a reduced retirement benefit at age 62
  • Jul. 1, 1972: A new law is signed, establishing an annual COLA beginning in 1975 
  • Oct. 30, 1972: The Social Security Amendments of 1972 creates the SSI program 
  • April 20, 1983: The Social Security Amendments of 1983 are signed into law (partial taxation of Social Security benefits and a gradual increase in full retirement age) 
  • April 7, 2000: The Retirement Earnings Test is eliminated for those at, or beyond, full retirement age

3 comments:

Anonymous said...

Let's add the Social Security Disability Benefits Reform Act of 1984.

Anonymous said...

Let's add the day the hearing backlog hit a million.

Anonymous said...

Adding Medicare in 1965/1966?