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How Government Policy Makes People With Disabilities Live in Poverty

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Imagine the year is 1984. A dollar went a lot further than it does today. What cost a dollar then would cost $2.47 in 2020. In 1984, the SSI asset limit was $2,000, and that amount remains the same today.

In 2020, clearly $2,000 doesn’t get you as far now as it did back in 1984. With inflation of 147%, the $2,000 asset limit from 1984 would equate to $4,935 in 2020.

The asset limit should be increased to $4,935 and continue to grow with inflation year after year. Experts say that your emergency fund should be large enough to cover expenses for a minimum of three to six months.

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