Saving on a Fixed Income
Finding ways to save on a fixed income can be a challenge. A fixed income for our purpose is considered to one that can be decreased if you earn too much outside money or have too many assets. Examples of this would be social security, social security disability, TANF, etc. Incomes where there are specific restrictions. It is important to keep in mind that some types of fixed income (SSI) may have limits to how much money you can accumulate in savings without impacting your benefits. Use the social security website to see what the limits and restrictions are.