Changes to come with new SSI bill, continued
The proposed plan, according to CNBC, will raise the asset restrictions for individuals from $2,000 to $10,000 and for couples from $3,000 to $20,000, Marca reports.
The JPMorganChase Policy Center research states, “The SSI program should be updated and reformed to incentivize individuals with disabilities who are able to work to seek employment without the risk of losing their economic security.
“Promising proposals call for raising monthly SSI benefits to 100% of the federal poverty level and boosting asset limits to $10,000 for individuals and $20,000 for couples and families with disabled children, updating outdated income rules for inflation, and eliminating the penalty for married couples.”
