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What Does The SSI Savings Penalty Elimination Act Propose?

September 30, 2024

The goal of SSI is to support people with disabilities, but as it stands, the program traps many in poverty by penalizing saving and marriage. This is where the SSI Savings Penalty Elimination Act comes in. The bipartisan bill aims to fix the situation by increasing the asset limit for individuals and for married couples.

Social Security Administration Making Substantial COLA Increase In 2023, But Is It Enough For Retirees?

October 17, 2022

The COLA Social Security 8.7% adjustment for 2023 is the highest increase in decades. But some still worry that it may not be enough. While the increase is historic and needed, it is also inadequate for millions of older Americans who face skyrocketing housing and health care costs across the country. CLICK ON THE HEADLINE FOR MORE

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Survey: 44% of Americans Believe Their Finances Will Improve In 2025, An Increase Ffrom Previous YearsDecember 16, 2024 - 9:09 pm
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This Charitable Giving Strategy ‘Almost Always’ Provides The Biggest Tax Break, Advisor SaysDecember 2, 2024 - 10:39 pm
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Tag Archive for: cost of living adjustment

What Does The SSI Savings Penalty Elimination Act Propose?

Social Security Administration Making Substantial COLA Increase In 2023, But Is It Enough For Retirees?

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