Latest News
SSI Rule Change Warning Issued - Newsweek,com
An article posted yesterday on newsweek.com explains the implications of a proposed rule change that could affect benefit levels for “hundreds of thousands of Americans, including many of the most financially vulnerable.” The proposed ruling would change “how household income and support are calculated and limit which benefits count toward Public Income Maintenance (PIM)…(t)he rule would also remove SNAP benefits (food stamps) from qualifying income categories.” The post acknowledges that the rule change is not final and will be subject to public comment. Read the full article here…
Note also that, despite the article’s title–“Social Security Change Could Cut Benefits for 400,000 Americans”– the rule change discussed in the text has no direct relationship to Social Security benefits. Supplemental Security Income (SSI) is a separate program funded by the federal government and has no bearing or impact on the use of Social Security revenue. The confusion that generally accompanies articles related to SSI arises from the Social Security Administration having operational responsibility for administering SSI.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.