H.R. 2103 · 112th Congress
SSI Savers Act of 2011
- Stage
- In committee
- Sponsor
- Niki Tsongas
- Introduced
- 2011-06-02
- Latest action
- 2011-06-06 · Referred to the Subcommittee on Human Resources.
Summary
SSI Savers Act of 2011 - Amends title XVI (Supplemental Security Income) (SSI) of the Social Security Act to: (1) increase resource limits for aged, blind, or disabled individuals who do not have an eligible spouse; (2) require an inflation adjustment for such individuals, regardless of whether a spouse is eligible; (3) provide a limited exclusion from resources of certain deferred compensation and education savings arrangements; (4) set forth income rules imputing income from certain deferred compensation arrangements; and (5) eliminate the requirement that SSI recipients apply for periodic payments from certain deferred compensation arrangements.