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Increased Financial Support and Simplification for Needy Individuals

This act increases income and resource limits for Supplemental Security Income (SSI) eligibility. It also simplifies rules regarding marriage, retirement accounts, and other forms of support, making it easier for beneficiaries to access financial aid and reducing bureaucracy.
Key points
Increased income and resource limits, allowing more people to qualify for benefits.
Elimination of the marriage penalty, meaning married couples will no longer lose benefits due to combined income.
Exclusion of retirement accounts from resource limits, protecting retirement savings.
Simplified rules for gifts and other forms of support, reducing the risk of losing benefits.
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Additional Information
Supplemental Security Income Restoration Act of 2021
Print number: S 2065
Sponsor: Sen. Brown, Sherrod [D-OH]
Process start date: 2021-06-15