Social Security Administration (With complete solution)

SSA stands for correct answers social security administration the SSA began in the year 1934 by FDR in response to __ correct answers the Great Depression the Social Security Act was signed into law in the year correct answers 1935 what was the purpose of the social security act? correct answers created social insurance program designed to pay retired workers age 65+ a continuing income the __ was established to provide employers, employees, and the public with information on how income was to be reported correct answers SSB, bipartisan social security board the SSB became the __ in 1946 correct answers social security administration the SSA was part of HHS until the year correct answers 1995 (now an independent agency) The commissioner of social security reports directly to the President. A permanent 7-member bipartisan social security advisory board was formed in 1995. Who is the current commissioner of the SSA? correct answers Caroyln Colvin Employers and workers had to be registered by the date __ following the SSA enactment to be eligible for the old age insurance benefits and for payroll taxes to be collected? correct answers Jan 1, 1937 which 3 parties must register for social security? correct answers employers, employees, and self-employed The SSA was altered in 1939 to increase the benefit amount and accelerate the start of payments from 1942 to 1940. What were the 2 fundamental changes made to the SSA in 1939? correct