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SSI Benefits Overhaul: Higher Income/Asset Limits, End of Marriage Penalty.

This act aims to make Supplemental Security Income (SSI) benefits more accessible for the elderly, blind, and disabled. It increases income and resource limits for eligibility and removes barriers like the "marriage penalty" and the requirement for special accounts for past-due benefits.
Key points
Increased income and resource limits for SSI eligibility, allowing more individuals to qualify.
Elimination of the "marriage penalty," meaning married couples will no longer receive lower benefits than two single individuals.
Exclusion of retirement accounts from resource limits, protecting retirement savings.
Repeal of penalties for disposing of resources for less than fair market value, simplifying asset management.
Streamlining rules for past-due benefits and extending the period for excluding certain payments from countable resources.
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Additional Information
Supplemental Security Income Restoration Act of 2021
Print number: HR 3824
Sponsor: Rep. Grijalva, Raúl M. [D-AZ-3]
Process start date: 2021-06-11