From Federal Reserve Bank of Atlanta:
The complexity of public assistance programs means that many workers may struggle to understand the timing and magnitude of benefits loss. Coupled with economic insecurity, this uncertainty can prevent individuals from actively seeking opportunities for career advancement. Further, individuals who do advance without knowledge of when assistance will end can find themselves in situations where their standard of living doesn’t improve, or even declines.
Core to this Advancing Careers initiative is the development of several interactive financial planning tools designed to provide information about benefits loss along a career path.
The CLIFF Dashboard provides analytical capabilities for workforce and human service professionals, employers, nonprofits, and policymakers working to mitigate the benefits cliffs through changes in practices, policies, and system alignment.
Click here to learn more.