Tell Congress: Increase the SSI Asset Limit!
Source: The Arc’s website https://act.thearc.org/campaign/153257/
The Supplemental Security Income (SSI) program provides critical support for millions of people with disabilities to help afford the basics of everyday life, like food and rent.
But SSI has many rules that make it hard for people to save money and get out of poverty. SSI has an asset limit that has not been updated since 1989! Assets include cash, money in bank accounts, most retirement accounts, and other financial resources. Right now, people who get SSI can only have $2,000 in assets. Married couples can only have $3,000.
The SSI Savings Penalty Elimination Act would raise the amount of savings a person on SSI could keep for the first time in over 30 years. The bill raises SSI asset limits from $2,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples.
These limits mean that people cannot save money, and they force people with disabilities into poverty.
Join us in supporting updates to SSI so the people with disabilities who rely on it aren’t forced to live in poverty or one paycheck away from it!
TAKE ACTION: Urge your Member of Congress to support people with disabilities by co-sponsoring the bipartisan SSI Savings Penalty Elimination Act.
