In 1940,Ida May Fuller received the first Social Security check after contributing only $24.75 in Social Security taxes before she retired and lived to be 100 years old.Her case is an example of how:
A) Social Security payments were not issued to people who were close to retirement.
B) people can choose not to contribute to Social Security.
C) people begin to get Social Security payments before they retire.
D) the first Social Security recipients benefitted much more from the program than will workers entering the program today.

Question

Quizplus · Accepted Answer

Ida May Fuller's case illustrates how early recipients of Social Security, like herself, received significantly more in benefits compared to what they contributed, a contrast to the expected experience of newer entrants to the program who will likely contribute more over their lifetimes relative to what they will receive in benefits.

In 1940,Ida May Fuller Received the First Social Security Check