President Franklin D. Roosevelt signs the Social Security Act into law on August 14, 1935.

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President Franklin D. Roosevelt signs the Social Security Act into law on August 14, 1935. / Wikimedia Commons

April is Financial Literacy Month. It was designated in 2003. The Great Recession revealed just how little average Americans know about their finances. So, in the spirit of education, we break down something we hear a lot about, especially during election time: Social Security. We also talk with Social Security expert Mary Beth Franklin, who is a contributing editor with InvestmentNews.