The Weeds

A safety net’s poverty trap

03.27.2024 - By VoxPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

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

More episodes from The Weeds