Modernizing Asset Limits
Promoting Savings, Simplicity, and Self-Sufficiency
Asset limits are caps on the level of savings and resources that families can have and receive public supports like SNAP (Food Stamps), TANF and LIHEAP. These caps can discourage saving, increase financial insecurity, and make it harder to achieve financial independence.
Asset limits vary by state and by program, resulting in a confusing patchwork of rules. This site:
- highlights this complexity,
- provides an overview of the rules in all 50 states, and
- demonstrates that asset limits are counterproductive to building the financial security of families and effective program administration.
Explore the tools below to learn more.