Currently Browsing All Posts In Uncategorized

Saturday January 31, 2015

75 Years of Social Security Benefits

Social Security is 75 years old today

The first check was made out to Ida May Fuller, the first recipient of the 75-year-old retirement system we know as Social Security. “Aunt Ida”, as she was known in her hometown of Ludlow Vermont, received a check for $22.54 on January 31, 1940. She also lived well beyond her life expectancy to age 100 and received $22,888 during her retirement.

It is hard for me to think about how difficult life was for the elderly in poverty before Social Security. And while I expect much debate over the next several years about Social Security reform and what is wrong with it, there is much that is respectable. I hope that we can take one day out of the year to honor the great benefit that Social Security has had in keeping our Grandparents, parents, and elderly neighbors out of poverty. If there was ever a day to remember the great impact and the history of this program, it is today, January 31st.

To read more about the history of Ida May Fuller and the first Social Security Check, Click here.

Was this article helpful? If yes, please share it by clicking on the social media icons on the right side of your screen.

The articles displayed in my blog are for educational purposes only. This website of course does not you personally, do not rely on it for making final decisions for your insurance, investment, or tax needs. Always be sure to seek out qualified professionals for personalized guidance from a licensed advisor/agent in your state for your insurance, investment, or tax planning needs.

Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor.  Jose Sanchez and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision. 


This information is designed to provide general information on the subjects covered. Pursuant to IRS Circular 230, it is not, however, intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Jose Sanchez and its affiliates do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney.

Thursday January 30, 2014

Welcome to my blog!

It is a bit early for you to have reached this page, but feel free to look around as you will find a few ways to contact meet and read my unique story.  There will be more to come shortly.  Don’t forget to sign up for Automatic Blog updates.