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The SSI Savings Penalty Elimination Act and the Late State Budget

The SSI Savings Penalty Elimination Act and the Late State Budget

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We discussed The SSI Savings Penalty Elimination Act has officially been reintroduced in Congress! For the first time in nearly 40 years, this bipartisan bill would raise the outdated asset limits for SSI, allowing disabled people and older adults to save for the future without risking their benefits.

It would:

1) Raise savings limits from $2,000 to $10,000

2) Raise savings limit with inflation moving forward.

3)End the marriage penalty

We also discussed the late NY State Budget as well as Ability 4 Us working to become a 501c3 Nonprofit.

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