Congress Could Change SSI Rules — $10,000 Savings Limit Explained [aRL7aLwmUYd]
Congress is considering the SSI Savings Penalty Elimination Act, a proposal that could raise the SSI resource limit from $2,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples. In this video, we explain what the proposed SSI changes could mean for seniors and people receiving Supplemental Security Income, where the bill currently stands, and what you need to know while the current rules remain in effect. We also cover ABLE accounts and important ways to protect your SSI benefits. Subscribe for updates on SSI, Social Security, Medicare, IRS changes, #SSI #SocialSecurity #SSIUpdate #SSIBenefits #SeniorBenefits #GovernmentBenefits #SocialSecurityNews #Seniors #Retirement #ABLEAccount