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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[–] Belly_Beanis@hexbear.net 50 points 1 month ago (10 children)

If they find out you have cash saved anywhere, they will make you pay it back. That is if you don't get convicted of a felony for lying to the SSA/IRS. They even have a hotline people can call to report this "fraud," so snitches can snitch (and they don't even get rewarded).

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