Wednesday, March 6, 2013

Are You Poor?

According to the Federal Government, if you make less that $1,938.75 per month, you are.

The Department of Health and Human Services has announced the new poverty income guidelines for 2013. The new minimum monthly maintenance needs allowance (MMMNA) used to determine eligiblity for many government programs has ristn this year to $1,938.75 in the 48 contiguous states and the District of Columbia, effective no later than July 1, 2013. Last year, that amount was $1,891.25.

The new figure will be $2,422.50 in Alaska and $2,231.25 in Hawaii. The minimum MMMNA is 150 percent of the monthly poverty guideline for a couple.
For a full list of the 2013 poverty income guidelines, click here.

What does this mean? If you want Medicaid, Federal Grants for Education, etc. if your income is lower than the MMMNA, you should easily qualify!

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