Using Social Security To Buy Stuff -

416.1216. Exclusion of household goods and personal effects.

: A study by The Senior Citizens League found that Social Security benefits have lost approximately 36% to 40% of their buying power since 2000, as cost-of-living adjustments (COLAs) have often trailed the actual rising costs of medical care, food, and housing. using social security to buy stuff

: Most household goods and personal effects (like furniture, computers, and wedding rings) and one vehicle do not count toward this limit. using social security to buy stuff