100,000+ disabled and elderly Americans lose federal benefits due to outdated asset limits.
100,000+ disabled and elderly Americans lose federal benefits due to outdated rules, often with dire consequences.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.
June 08, 2024
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