Social Security History/Overview
Author: Theodore Sarenski
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2027 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
The History of Social Security – How it came about and how it has changed
Publication Date: August 2024
Topics Covered
- The precursor social payment programs before Social Security
- The enactment of the Social Security legislation
- The early years of the Social Security program and legislative changes
- The major changes instituted by the Greenspan Commission in 1983
- Additional legislative changes from 1983 to today
Learning Objectives
- Identify what was happening in the world in the late 19th century regarding social contracts
- Identify the US Government payments to citizens prior to the enactment of Social Security
- Explain to clients how Social Security has expanded its role in securing the finances of many in society
- Recognize financial issues the Social Security system has had in the past to help your clients understand the current financial environment of Social Security
- Recognize how to have meaningful conversations with clients to assure them that Social Security will be there
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
