100,000+ disabled and elderly Americans lose federal benefits due to outdated asset limits.

100,000+ disabled and elderly Americans lose federal benefits due to outdated rules, often with dire consequences. The program, which supports 7.4 million needy individuals, has a limit on assets. Karen Williams, 63, fell victim to this system when she bought a life insurance policy to pay for her funeral, unaware it had a cash value. She collected $1,900, less than her initial $10,000 funeral expense goal.