Social Security Alerts, News & Updates
Social Security Changes: New Rules Slash Benefits for 400,000 Americans
Video Transcript
Thank you for joining us for this important Social Security update.
Today we are focusing on major changes to supplemental security income eligibility that could affect your monthly payments and financial stability.
These new rules may mean benefit cuts or even loss of SSI for some households.
Keep watching as we explain exactly what is changing and how it could impact you or your loved ones.
Under the latest Social Security developments, seniors receiving supplemental security income face significant changes as the Biden administration’s expanded eligibility rules are set to be reversed by the current administration with the proposed rule expected to take effect in late 2024 or early 2025 2025 following the public comment period.
This reversal means that living in a household qualifying for SNAP food assistance will no longer automatically prevent benefit reductions, a change that could impact up to 400,000 SSI recipients nationwide, according to the Center on Budget and Policy Priorities.
For many, this would result in monthly SSI payments being reduced by as much as $342 if they live with family members and do not pay their full share of food and shelter costs.
And some could lose SSI eligibility altogether, especially those with disabilities or older adults relying on these benefits as their primary income.
Unlike Social Security, retirement or disability benefits, which are based on work history and are not affected by household SNAP status, SSI is strictly needs-based and subject to asset and income limits that remain at $2,000 for individuals.
The maximum federal SSI benefit for 2025 is set at $967 per month, but actual payments are often lower due to these reductions.
This policy change will mostly affect low-income seniors and disabled individuals living with relatives, particularly in multi-generational households where SNAP benefits are common.
Families may face tough decisions about providing housing or support to loved ones if it risks reducing their SSI payments.
The Social Security Administration will open a public comment period before finalizing the rule, offering an opportunity for seniors, advocates, and families to share their concerns and personal experiences as these changes move forward.
With up to 400,000 SSI recipients facing possible benefit cuts of as much as $342 per month, it is crucial to review your living arrangements and consult with a Social Security adviser before the rule change takes effect.
Submit your feedback during the public comment period to ensure your voice is heard.
For more information, visit socialsecurityalerts.news.
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