Which of the following statements about the Social Security Act of 1935 is true?

Question

Quizplus · Accepted Answer

The Social Security Act of 1935 did involve a federal retirement fund for people over sixty-five, but it was meant to supplement other sources of income. Roosevelt did not assure Americans that it would provide everyone with a comfortable retirement by itself. It was funded through payroll taxes, not the general revenue of the government. While the concept of government assistance to the elderly was not brand new, the Social Security Act was still revolutionary in its scope and scale. While most American workers paid into the fund, there were some exclusions, and it did not transform the lives of domestic workers until later amendments in the 1950s.

Which of the Following Statements About the Social Security Act