The Supplemental Security Income Restoration Act: A Game-Changer for Americans with Disabilities

💰The bill raises the limit on assets from $1,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples.

🔄The bill increases benefits by approximately 31% and allows for annual adjustments based on inflation.

🎁The bill removes limitations on receiving gifts and assistance, ensuring that these contributions do not negatively impact a person's income.

📅A hearing on the bill is scheduled for May 4th in Washington, DC, providing an opportunity for public input and support.

🤝Advocacy organizations such as The Arc of Massachusetts are rallying support for the bill and encouraging individuals to get involved.

What is the Supplemental Security Income Restoration Act?

—The Supplemental Security Income Restoration Act is a proposed bill introduced by Sherrod Brown. It aims to improve the lives of Americans with disabilities and older individuals living in poverty by raising asset limits, increasing benefits, and removing limitations on receiving gifts and assistance.

Who will benefit from this bill?

—This bill will benefit the 8 million Americans with disabilities and older individuals who rely on Supplemental Security Income (SSI) to survive. It aims to alleviate financial hardships and provide greater financial security.

What are the proposed changes to asset limits?

—The bill seeks to increase the asset limit from $1,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples. This change will enable individuals and families to save more money without risking the loss of SSI benefits.

How will benefits be increased?

—The bill proposes an approximately 31% increase in benefits for individuals receiving Supplemental Security Income (SSI). Additionally, it aims to make adjustments to benefits based on inflation, ensuring that recipients can keep up with the rising cost of living.

Why is removing limitations on receiving gifts important?

—Currently, individuals receiving Supplemental Security Income (SSI) may face penalties if they receive gifts or assistance. The bill seeks to remove these limitations, allowing individuals to receive support from friends and family without it negatively impacting their income and benefits.

00:01Leo Sarkissian from The Arc of Massachusetts introduces the significance of the Supplemental Security Income Restoration Act.

00:12The bill aims to raise the limit on assets from $1,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples.

00:40The bill proposes an approximately 31% increase in benefits and allows for adjustments based on inflation.

01:09The bill removes limitations on receiving gifts and assistance, ensuring that these contributions do not impact a person's income negatively.

01:18A hearing on the bill will take place on May 4th in Washington, DC, providing an opportunity for public input and support.

01:29Advocacy organizations, like The Arc of Massachusetts, are uniting to rally public support for the bill.