New Law Could Change Disabled Peoples' Lives
November 25, 2023
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6:07Now PlayingNew Law Could Change Disabled Peoples' Lives
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as posted by the channelThe Supplemental Security Income (SSI) Program serves as a crucial financial support for individuals with SMA and disabilities, assisting in meeting fundamental needs like food, clothing, and shelter. Nonetheless, this program imposes penalties on disabled individuals for exceeding its outdated asset thresholds of $2,000 for individuals or $3,000 for couples, placing those with SMA and disabilities in financial jeopardy during unforeseen circumstances. Advocating bipartisan legislation (H.R. 5408 / S. 2767), the proposal seeks to raise the limits substantially to $10,000 for individuals and $20,000 for couples, while also incorporating an inflation index. This not only aims at enhancing financial stability but also addresses the existing marriage penalty within the SSI framework.
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