Benefits Cliff
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How the Fed goes beyond the data to try to make the economy work for everyone
Utilizing qualitative data from various sources helps paint a comprehensive picture of economic well-being and guides policy discussions at the Federal Reserve. Amidst uncertainties, staying connected to the pulse of real-world experiences remains key.
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[Watch] Navigating Benefits Cliffs – Barriers and Solutions
Explore Benefits Cliff from the perspective of employers, the Federal Reserve, and community leaders who help families navigate public assistance programs and plan for career advancement opportunities. Watch or listen on demand.
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The benefits cliff, explained
A benefits cliff can make a family feel like their hard work really isn’t paying off or helping them get ahead. Why is the benefits cliff issue so hard to address? And what are some communities doing to tackle it?
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[Infographic] Which public benefits do people lose when they go over the benefits cliff?
Families with a lower income are more likely to use certain public benefits—and lose them with a small raise or higher-paying job. Here are some of the most common benefits people can lose when they go over a benefits cliff.
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Going over the benefits cliff: The catch of higher wages
Landing a better-paying job is the dream of many Americans. But what happens when a higher salary makes it harder to pay the bills?