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David Leigh
Glorious Life On Wheels
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Comments by "David Leigh" (@davidleigh443) on "Government assistance programs that actually keep seniors in poverty" video.
It is the same senior men. The common factor is single income seniors, male or female
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Carol, when you say there isxa $2,000 savings limit are you referencing SSDI only? I have my name on a few senior apts and they are HUD subsidized . I have been told the rent is 30% of your income. No savings limit. Upon further queries I have learned that there is a .06% adjustment towards income against savings accounts. If you have $100,000 in savings that equates to an extra $60 (100,00 x .0006.) The $60 would be added to your 30%. Also, there is the accrued interest on CD's to be aded onto your rent. I realize many seniors do not have much, if any in savings. I only mention those totals for renting with HUD properties. I am 65 and currently pay $414 for Medicare, supplemental, dental and pharmacy. My sweatheart deal if living rent free( my employer pays) ends at year end so I think I will be in for a huge rental shock. Please keep up the good work informing us.
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