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The Social Security Administration exists to meet the material needs of individuals and families, protect elderly and disabled people from the costs of illnesses that may otherwise deplete their savings, maintain intact families, and provide for the material needs of individuals and families. to provide kids with the possibility to grow up safe and healthy.
When the Social Security Act was implemented in 1935, during the Great Depression, this term first entered general usage in the United States; it refers to a sizeable portion of the social welfare sector.
The Social Security Act established two different types of old-age security measures: (1) Federal help to the States so they can provide cash pensions to their elderly in need, and (2) a system of Federal old-age benefits for retired workers.
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