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1.3 Million SSI Recipients to Benefit: Social Security Administration Expands Rental Subsidy Policy – Boosting Financial Security for People with Disabilities!

The Social Security Administration is changing its rules so that starting September 30, 2024, getting help with rent will not affect whether people can get Supplemental Security Income (SSI) or how much money they get, helping more people qualify and receive more support.

Rent Help No Longer Affects Supplemental Security Income Benefits

According to the published article by 24/7 Wall St, the Social Security Administration (SSA) has made an important change to help more people get Supplemental Security Income (SSI). Starting September 30, 2024, if you get help with rent, it won’t count as “income” that affects your SSI benefits. This means that people who get cheaper rent will not have their SSI money reduced or be stopped from getting it.

This change will help more people qualify for SSI and might increase the amount of money they get each month. Before, people often had to choose between getting help with rent or receiving SSI benefits. Now, they can get both types of help. The Social Security Administration wants to make sure people with disabilities and those who have little money can get the support they need without worrying about losing their SSI.

READ ALSO: $1.607 Trillion In Auto Debt: 2.5% Rise In New Car Payments Alarms North Charleston Residents – Check It Now!

1.3 Million SSI Recipients to Benefit: Social Security Administration Expands Rental Subsidy Policy – Boosting Financial Security for People with Disabilities! (PHOTO: Newsweek)

Positive Impacts of SSI Rule Change – Better Health, Community Participation, and Reduced Reliance on Social Services

Furthermore, this new rule is expected to have many positive effects. People who get SSI will have better financial security, which can help them stay healthier and be more active in their communities. It will also reduce the need for other social services, saving money and resources. This change makes the SSI program fairer and ensures that those who need help the most can get it without extra obstacles.

READ ALSO: $7,500 EV Tax Credit: A Game-Changer For North Charleston Residents – Check It Now!

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