Social Security Administration to remove food assistance as barrier to accessing certain benefits [View all]
Source: CNBC
Published Thu, Mar 28 2024 2:10 PM EDT
The Social Security Administration has issued a final rule that will prevent food assistance from reducing payments to certain beneficiaries.
The change applies to Supplemental Security Income, or SSI, which provides monthly checks to adults and children who are disabled, blind or age 65 and older, and have little or no income or resources. Approximately 7.4 million Americans receive support either exclusively from SSI or in combination with Social Security.
Under the new rule, which goes into effect Sept. 30, food will no longer count toward calculations for eligibility for benefits, known as In-Kind Support and Maintenance, or ISM.
Currently, support in the form of food, shelter or both may count as unearned income for SSI beneficiaries, and therefore reduce their payments or affect their eligibility for benefits.
Read more: https://www.cnbc.com/2024/03/28/social-security-administration-to-remove-food-assistance-as-ssi-benefit-barrier.html
Link to Social Security Administration PRESS RELEASE - Social Security to Remove Barriers to Accessing SSI Payments
Link to Federal Register RULE - Omitting Food From In-Kind Support and Maintenance Calculations
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