* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, October 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    Penn State-Themed Restaurant and Entertainment Spot Happy Valley Live Set to Open in State College – StateCollege.com

    The Police Made Chart History With This 1979 Hit Nearly 50 Years Ago – Yahoo

    How The Police Changed Music Forever with Their Iconic 1979 Hit Nearly 50 Years Ago

    Good Deed Entertainment Acquires Worldwide Rights To Liza Mandelup’s Documentary ‘Caterpillar’ – Deadline

    Good Deed Entertainment Lands Global Rights to Liza Mandelup’s Captivating Documentary ‘Caterpillar

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Danielle Fishel Explains Why Being on “DWTS” Makes Her Feel ‘Like It’s 1994 Again’ Filming “Boy Meets World” (Exclusive) – Yahoo

    Jussie Smollett Claims He Was ‘Disrespected’ on the ‘Special Forces’ Season Premiere – Yahoo

    Jussie Smollett Opens Up About Feeling ‘Disrespected’ During the ‘Special Forces’ Season Premiere

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

    TicketSmarter Fall Entertainment Guide – Eastern Illinois University Athletics

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

    Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

    STELLA Automotive AI Appoints Fred Seidelman as Chief Technology Officer – Yahoo Finance

    STELLA Automotive AI Appoints Fred Seidelman as New Chief Technology Officer

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Saving Energy and Money with Smart Technology – Terms of Service with Clare Duffy – Podcast on CNN Podcasts – CNN

    Four Strategic Signals Technology Leaders Are Tuning In To – SPONSOR CONTENT FROM ARM – Harvard Business Review

    Four Essential Strategic Signals Every Technology Leader Should Watch

    Virginia Tech hosts annual New Music + Technology Festival this week – Cardinal News

    Virginia Tech Kicks Off Exciting Annual New Music and Technology Festival This Week

    Why I gave the world wide web away for free | Tim Berners-Lee – The Guardian

    Why I Decided to Make the World Wide Web Free for Everyone | Tim Berners-Lee

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home General

As one Social Security program marks a 50-year anniversary, here’s how benefits may change

June 11, 2024
in General
As one Social Security program marks a 50-year anniversary, here’s how benefits may change
Share on FacebookShare on Twitter

Martonaphoto | Moment | Getty Images

A federal program for people with disabilities and older adults made its first benefit payments 50 years ago.

In 1974, Supplemental Security Income, or SSI, began sending the first monthly checks starting at around $140 per individual, or $210 per couple.

In 2024, the maximum monthly benefit is $943 for individuals and $1,415 for eligible couples. However, the average monthly benefit for individuals is around $698.

That is well below the federal poverty level, which in 2024 is around $1,255 per month for an individual.

Experts say the program — with more than 7 million beneficiaries who must have little income or resources in order to qualify — could be updated to better fulfill its intended mission as a financial lifeline when former President Richard Nixon signed the program into law in 1972.

More from Personal Finance:
Why more people don’t wait to claim Social Security — and what experts say
Social Security Administration to expand access to some benefits
Why both a great wealth transfer and retirement savings crisis are possible

SSI benefits come with strict restrictions. Income from work and other sources may reduce how much beneficiaries receive from the program. Additionally, they must stay under certain asset limits — $2,000 for individuals and $3,000 for couples — or risk suspension or termination of their benefits.

The rules are not only a burden for beneficiaries, but also the Social Security Administration.

“For all the people that receive SSI, it’s really only 4% of our total benefits that we lay out as an agency, yet it accounts for 38% of our administrative overhead and workload,” Social Security Commissioner Martin O’Malley said at a National Academy of Social Insurance event last week in Washington, D.C., to commemorate the program’s anniversary.

Updates aimed at improving benefit access

The Social Security Administration is taking steps to try to reduce some of the restrictions that come with SSI benefits.

The agency has announced that it will no longer count food as unearned income — formally known as in-kind support and maintenance, or ISM — which penalizes beneficiaries when their family provides dinner for them, for example. It is also expanding the rental subsidy policy for SSI applicants and beneficiaries, as well as the definition of a public assistance household. Those changes, which are slated to go into effect starting Sept. 30, should allow more people to access and qualify for SSI, O’Malley said.

Moreover, the agency has also made it easier for beneficiaries to request waivers for overpayments, or excess benefits they may have received. It also increased the SSI underpayment threshold to $15,000 from $5,000, which has helped resolve backlogged cases.

Congress may implement more changes

Congress may further improve the program through additional reforms.

By bringing the Social Security Administration’s operating overhead up to where it was a decade ago, the agency could further work to alleviate disability application approval and phone assistance wait times, according to O’Malley.

“It would not add a single penny to the federal debt, because you already paid for it,” O’Malley said.

Moreover, experts contend raising the SSI’s asset thresholds — which have not been increased in about 40 years — could help beneficiaries achieve better financial security.

Two bills in Congress have proposed significant SSI reforms.

Democrats have proposed the Supplemental Security Income Restoration Act, which calls for increasing the program’s asset limits, setting the minimum benefit at 100% of the federal poverty level, streamlining the claiming process and getting rid of certain reductions in benefits.

Another bipartisan proposal — the SSI Savings Penalty Elimination Act — would increase the asset limits to $10,000 per individual and $20,000 per couple, up from $2,000 and $3,000, respectively. Consequently, it would eliminate the marriage penalty current beneficiaries face.

“There is clear momentum behind the SSI Savings Penalty Elimination Act,” Emerson Sprick, associate director of the Bipartisan Policy Center’s Economic Policy Program, said at the NASI event.

The question is whether Congress can attach it to another legislative effort — perhaps related to spending — to get the proposed changes passed in the near future, he said.

Broader updates needed, advocates say

Advocates say further loosening the program’s current rules would have dramatic positive effects.

Under current limitations, at work, SSI beneficiaries may not be able to contribute to a 401(k) or earn raises. Students may not be able to take a paid internship for fear the income could affect their benefits, said Rylin Rodgers, disability policy advisor at Microsoft.

“In order to be successful, [we] need disabled workers in all job types,” Rodgers said.

“SSI, while critical, is at an influx point where in some cases it’s creating a block to that talent,” she said. 

Individuals who receive both Social Security and SSI benefits may see reductions to their payments. Loosening those rules would help lift more elderly and disabled individuals out of poverty, according to Wendell Primus, a visiting fellow at Brookings and former senior policy advisor on health and budget issues to former House Speaker Nancy Pelosi, D-Calif.

SSI benefit amounts could also be enhanced more broadly for all beneficiaries, said Tracey Gronniger, managing director for the economic security team at Justice in Aging, an advocacy group for fighting senior poverty.

Hiring untapped talent: Hiring workers with a disability

“We need to increase the benefit level significantly … to at least the rate of poverty,” Gronniger said.

The poverty rate may also be improved by helping to increase SSI participation in underserved communities, particularly for people of color, she said.

While recent updates to food and housing policies will help, there is more room to update outdated policies that can interfere with access to benefits, said Jennifer Burdick, divisional supervising attorney at the SSI unit at Community Legal Services of Philadelphia.

“It’d be really great if Congress could just fix the bigger issues with the program so we wouldn’t have to look at other ways to try to come up with solutions to problems that Congress isn’t fixing,” Burdick said.

Correction: Emerson Sprick is associate director of the Bipartisan Policy Center’s Economic Policy Program. An earlier version misstated part of his title.

Don’t miss these exclusives from CNBC PRO

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : CNBC – https://www.cnbc.com/2024/06/11/supplemental-security-income-marks-50-years-how-benefits-may-change.html

Previous Post

Book Riot’s Deals of the Day for June 11, 2024

Next Post

GM trims 2024 EV forecast amid slower-than-expected demand

The billion-year reign of fungi that predated plants and made Earth livable – ScienceDaily

October 1, 2025
We Asked an Entomologist to Fact-Check the Science of ‘Alien: Earth’ – Esquire

We Asked an Entomologist to Fact-Check the Science of ‘Alien: Earth’ – Esquire

October 1, 2025
Building Better Leaders Through the Science of Happiness – Pace University

Unlocking Leadership Potential: How the Science of Happiness Transforms Leaders

October 1, 2025
Viral ‘Goth house’ for sale just in time for Halloween – The Weekly Journal

Step Inside the Spooky ‘Goth House’ Perfect for Halloween!

October 1, 2025
Steampunk Metal Oval Technology Sense Sunglasses Personality Handmade Chain Multicolor Sunglasses UV400 – The San Joaquin Valley Sun

Steampunk Metal Oval Sunglasses with Handmade Multicolor Chain – Bold UV400 Protection and Unique Style

October 1, 2025
Atlanta Braves Manager Brian Snitker Moving to ‘Advisory Role’ – FOX Sports

Atlanta Braves Manager Brian Snitker Moving to ‘Advisory Role’ – FOX Sports

October 1, 2025
The sleepy SF neighborhood that just became one of the world’s coolest – SFGATE

The sleepy SF neighborhood that just became one of the world’s coolest – SFGATE

October 1, 2025
The “stuck economy,” tariffs and Wall Street – marketplace.org

How Tariffs and Wall Street Are Strangling the Economy’s Growth

October 1, 2025
LSU Theatre’s season opener: A handkerchief discovered by a lovesick suitor adds up to hilarity – The Advocate

Love, Laughter, and a Lost Handkerchief: LSU Theatre’s Season Opener Promises Hilarious Fun

October 1, 2025
Rural Health Transformation (RHT) Program – Centers for Medicare & Medicaid Services | CMS (.gov)

Rural Health Transformation (RHT) Program – Centers for Medicare & Medicaid Services | CMS (.gov)

October 1, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (846)
  • Economy (866)
  • Entertainment (21,740)
  • General (17,353)
  • Health (9,910)
  • Lifestyle (880)
  • News (22,149)
  • People (869)
  • Politics (877)
  • Science (16,077)
  • Sports (21,367)
  • Technology (15,850)
  • World (849)

Recent News

The billion-year reign of fungi that predated plants and made Earth livable – ScienceDaily

October 1, 2025
We Asked an Entomologist to Fact-Check the Science of ‘Alien: Earth’ – Esquire

We Asked an Entomologist to Fact-Check the Science of ‘Alien: Earth’ – Esquire

October 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version