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A safety net’s poverty trap
What if you weren’t allowed to have more than $2,000 at any given time? Could you make it work? For people who receive Supplemental Security Income, this isn’t a what-if — it’s reality. SSI beneficiaries are subject to strict requirements and risk losing their benefits if they have more than $2,000 in financial assets, even if they exceed that by just a dollar. Why is the limit so low, and is anything being done to fix it? That’s today on The Weeds.
Read More:
Tyler (@tylerlimaroope) | TikTok
The Case for Updating SSI Asset Limits | Center on Budget and Policy Priorities
Submit your policy questions!
We want to know what you’re curious about.
Credits:
Jonquilyn Hill, host
Sofi LaLonde, producer
Cristian Ayala, engineer
A.M. Hall, editorial director of talk podcasts
Want to support The Weeds? Please consider making a donation to Vox: bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices
View all episodes
By Vox
4.4
77847,784 ratings
What if you weren’t allowed to have more than $2,000 at any given time? Could you make it work? For people who receive Supplemental Security Income, this isn’t a what-if — it’s reality. SSI beneficiaries are subject to strict requirements and risk losing their benefits if they have more than $2,000 in financial assets, even if they exceed that by just a dollar. Why is the limit so low, and is anything being done to fix it? That’s today on The Weeds.
Read More:
Tyler (@tylerlimaroope) | TikTok
The Case for Updating SSI Asset Limits | Center on Budget and Policy Priorities
Submit your policy questions!
We want to know what you’re curious about.
Credits:
Jonquilyn Hill, host
Sofi LaLonde, producer
Cristian Ayala, engineer
A.M. Hall, editorial director of talk podcasts
Want to support The Weeds? Please consider making a donation to Vox: bit.ly/givepodcasts
Learn more about your ad choices. Visit podcastchoices.com/adchoices
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