Social Security Administration to remove food assistance as barrier to accessing certain benefits [CNBC]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: CNBC
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. More from Personal Finance: Many Americans believe pensions are key to achieving the American Dream Millionaires may have hit their 2024 Social Security payroll tax limit 78% of near-retirees failed or barely passed a basic Social Security quiz The monthly maximum federal SSI amounts in 2024 ar
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JPM
Earnings
- 4/12/24 - Beat
JPM
Sec Filings
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- 4/26/24 - Form 424B2
- JPM's page on the SEC website