New Social Security Rule Boosts SSI Eligibility and Support

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The official change to Social Security applications regarding the eligibility requirements for Supplemental Security Income (SSI) will be effective starting September 30. Previously, the income limit for SSI eligibility included food benefits such as those from the Supplemental Nutrition Assistance Program. However, under the new rule, food benefits will no longer be counted as income, potentially allowing more individuals to qualify for SSI or receive higher benefit amounts.

This adjustment could have a significant impact on SSI recipients, particularly given the current inflation rate. The average monthly SSI payment is $943, and the elimination of food benefits as income could lead to increased support for those in need. Additionally, experts have noted that the recent 3.2 percent increase in Social Security benefits may not be sustained next year, with projections suggesting a lower cost-of-living adjustment (COLA) between 2.75 percent and 3.25 percent to account for inflation.

The new policy shift in Social Security applications marks a positive change for individuals seeking SSI benefits. By excluding food benefits from the income limit calculation, more people may now be eligible for assistance or receive higher support, ultimately easing financial burdens for vulnerable populations. This adjustment aligns with the ongoing efforts to ensure that those in need receive adequate aid and support, reflecting a more compassionate approach to social welfare programs.

Moreover, the timing of this change is crucial, especially in light of the current economic landscape and inflation trends. With the possibility of a lower COLA increase anticipated for the upcoming year, the elimination of food benefits as part of the income calculation for SSI could serve as a vital buffer for recipients facing rising living costs. As the Social Security system continues to evolve, these adjustments demonstrate a commitment to addressing the evolving needs of the population it serves.

Source:

https://www.newsweek.com/americans-have-just-weeks-left-until-new-social-security-rule-1951099