Note: Below is an action alert from the ARC, and it's super important for those of us whose children are adults on SSI - Supplemental Security Income. Since 1989, the asset limit has been $2000. There's a bill to increase that to $10,000 so that individuals like my own daughters can have some money set aside for emergencies. No one can live on SSI - certainly not in 2022. And everyone needs an emergency fund. Parents have been supplementing SSI forever. My daughters couldn't live here in Connecticut and pay rent, utilities, food, clothing, etc. even with their COMBINED SSI. They live with me, their unpaid Group Home Manager and 3 shift support staff. Uncle Sam is USING parents to foot the bill. And telling them they CAN NOT save a dime over $2000 for their future needs.
CLICK HERE TO SEND THE ALERT
Tell Congress: Support the SSI Savings Penalty Elimination Act NOW!
The Supplemental Security Income (SSI) program provides critical support for millions of people with disabilities to be able to afford necessities like food and rent. But it has many rules that make it hard for people to save money and get out of poverty. SSI has an asset limit that has not been updated since 1989. Assets include money in bank accounts, retirement accounts, and savings. Right now, people who get SSI can only have $2,000 in assets. Married couples can only have $3,000.
These asset limits mean that people cannot save money and force people with disabilities into poverty.
TAKE ACTION: Urge your U.S Senators to support people with disabilities and their families by cosponsoring the bipartisan SSI Savings Penalty Elimination Act (S.4102) which would raise these asset limits.