1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 1Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

Features of Most Government ProgramsProvide a temporary safety net to those in

needOften, benefits expire after a set period of timeMost individuals earn more income by

returning to work rather than relying on government benefits

Individuals are encouraged to achieve maximum self-sufficiency, independence, and health

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 2Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

All Government Programs are Funded by Taxpayers

Person who pays a tax to governments

Tax on income earned

Tax on houses, land, automobiles, and other

property owned

Tax charged on items purchased

What are examples of items you have paid taxes to receive?

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 3Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

Federal Programs

Programs do not vary from state to

state

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 4Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

State Programs

States determine how money will be distributed

Federal grants

Statetaxes

What types of taxes does your state charge?

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 5Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

Local Programs

What are examples of programs specific to your community?

Local taxes

Address local needs

• City recreation programs

• Youth programs

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 6Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

7 Common Government ProgramsFor more information and a list of additional programs go to www.govbenefits.gov

As each government program is discussed, determine if the individual/family in your scenario could potentially benefit from the program

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 7Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

Social Security• 17 different programs for people throughout the life span• Funding depends on specific program

Retirement Disability SurvivorsDesigned for

Purpose

• Retired individuals of a minimum age

• Provides income during retirement

• Adults and children who are disabled

• Families that have lost a wage earner

• Children who have lost a parent

• May provide income as well as help to obtain a job

• Provides income

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 8Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

SNAP (food stamps)Supplemental Nutrition Assistance Program

Designed for Funded by Purpose

Low income families Federal

Money to purchase

nutritious food

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 9Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

TANFTemporary Assistance to Needy Families

• Low income families with children

• Federally funded but administered at state level

• Temporary• Provides money,

job training and other support to help achieve self-sufficiency

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 10Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

Unemployment Insurance

Adults who have lost their

job through no fault of their own

Employers provide

funding to a state for

distribution

Provide income while the person is seeking new employment

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 11Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

Medicaid versus MedicareMedicaid Medicare

Designed for

Funded by

Purpose

Certain categories of low-income individuals including: •Children•Pregnant women•Parents of eligible children•People with disabilities•Elderly needing nursing home care

• Some individuals under 65 with disabilities

• Adults over age 65

Federal and State Federal

Provide insurance, especially medical care

Provide health insurance

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 12Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

Earned Income Tax Credit

1.20.2.G1

© Family Economics & Financial Education – Revised April 2011 – Receiving Unit – Receiving Income from Government Programs – Slide 13Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences Take Charge America Institute University of Arizona

In Review…Events may happen to anyone at anytime resulting

in the need for support from various sources

Most programs are designed to provide a temporary safety net

Citizens are encouraged to achieve maximum self-sufficiency, independence, and health