Finances 50+

Social Security turns 80 on August 14, 2015 and has fulfilled the promise made by President Franklin D. Roosevelt when he signed it into law, that it would “protect the average citizen and his family against the loss of a job and against poverty-ridden old age.” It has done just that. In Utah alone, Social Security lifts 94,000 Utah retirees from poverty; 42 percent of the state’s population age 65 and older would have incomes below the poverty line without Social Security. [1]

The following press release was issued by AARP on Tuesday, June 16.

from the AARP Media Relations Office

By Alan Edwards, Social Security Public Affairs