A safety net’s poverty trap

What if you weren’t allowed to have more than $2,000 at any given time? Could you make it work? For people who receive Supplemental Security Income, this isn’t a what-if — it’s reality. SSI beneficiaries are subject to strict requirements and risk losing their benefits if they have more than $2,000 in financial assets, even if they exceed that by just a dollar. Why is the limit so low, and is anything being done to fix it? That’s today on The Weeds.

Read More: Tyler (@tylerlimaroope) | TikTok The Case for Updating SSI Asset Limits | Center on Budget and Policy Priorities

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Credits: Jonquilyn Hill, host Sofi LaLonde, producer Cristian Ayala, engineer A.M. Hall, editorial director of talk podcasts

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