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Why did President Franklin D. Roosevelt establish Social Security?

1 Answer

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Answer:

to pay financial benefits to retirees over age 65 based on lifetime payroll tax contributions

Step-by-step explanation:

Roosevelt in 1935, created Social Security, a federal safety net for elderly, unemployed and disadvantaged Americans. The main stipulation of the original Social Security Act was to pay financial benefits to retirees over age 65 based on lifetime payroll tax contributions

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