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Monday, August 14, 2006
On this Day in History

On August 14, 1935, the Social Security Act was passed, creating a program to provide elderly Americans with a reliable source of income for their retirement.

In addition to reducing poverty among the elderly, the Social Security Act allowed senior citizens greater freedom of movement -- they no longer had to depend on their family for financial assistance.

It's probably no coincidence that Florida's population of retirees boomed in the years following the beginning of Social Security payments.


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