Please contact your Members of Congress and urge them to support the SSI Savings Penalty Elimination Act (S. 1234 / H.R. 2540). This critical legislation will modernize outdated rules that unfairly penalize individuals with disabilities for saving money and pursuing greater independence.
What’s at Stake?
The Supplemental Security Income (SSI) program provides vital monthly support to individuals with disabilities. But to remain eligible, recipients must not exceed $2,000 in assets—a limit that hasn’t changed since 1984. This forces many to choose between saving for the future and maintaining their basic financial security.
Currently, SSI limits assets to just $2,000 for an individual and $3,000 for a couple. These outdated caps prevent individuals from building emergency savings, planning for major life expenses, or marrying without risking their benefits. The $3,000 cap—often called the “marriage penalty”—unfairly penalizes couples who both receive SSI. As a result, people with disabilities are denied the opportunity to achieve financial independence and lead self-determined lives.
What Would This Bill Do?
The SSI Savings Penalty Elimination Act would:
- Increase the asset limit to $10,000 for individuals and $20,000 for couples
- Adjust those limits for inflation moving forward
- Promote employment and independence by allowing people to save without fear of losing benefits
Take Action Now
📢 Contact your U.S. Senators and Representative and urge them to support S. 1234 / H.R. 2540!