this post was submitted on 07 Oct 2024
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chapotraphouse

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https://www.thenation.com/article/society/ssi-rules-families-poverty/

The Supplemental Security Income program (SSI) was created in 1972 under the Nixon administration to provide financial support to low-income seniors and disabled people. An effort to federalize state-level adult support programs across the country, SSI is a means-tested program—there are financial requirements to be eligible. In the case of SSI, as of its last adjustment in 1989, enrollees cannot have savings of more than $2,000 as an individual or $3,000 as a family. Furthermore, SSI beneficiaries are prohibited from having retirement accounts, life insurance policies, certain types of personal property, funeral/burial policies, and access to other types of income.

[emphasis mine]

OMG I'm gonna test some means! hillgasm

amerikkka

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[–] keepcarrot@hexbear.net 22 points 1 month ago (1 children)

They limit the amount of property you can own here was like... 5k in 2019, which is not thoroughly explained whether that means the current price of things, or what it would get on the second hand market etc etc. You certainly couldn't have a house or apartment until covid when suddenly a bunch of conservative voters were jobless.

[–] Frank@hexbear.net 26 points 1 month ago (1 children)

AFAIK for the feds you can own one house and one car that won't count against you. And you'll enver have enough money to repair or replace either.

[–] keepcarrot@hexbear.net 13 points 1 month ago (1 children)

(mine was for Australia, and I only remember dimly because I just logged my items as what I think I could reasonably get on the market, and computers depreciate very rapidly, no one seemed to question it)

[–] Frank@hexbear.net 12 points 1 month ago (1 children)

Gotcha, gotcha, I gotta stop assuming America.

[–] keepcarrot@hexbear.net 12 points 1 month ago

Same bullshit almost one planet away