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Question
what did the social security act of 1935 do?
paid employers for letting people retire
set up a fund for retired americans
required retirees to continue to work
encouraged the organization of labor unions
The Social Security Act of 1935 established a federal old-age insurance program, creating a funded system that provides retirement benefits to eligible workers, funded through payroll taxes. The other options are incorrect: it did not pay employers for retirements, force retirees to work, or focus on labor union organization.
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set up a fund for retired Americans