The Arc of the United States’ Post

Did you know if you have a disability and receive SSI that you can only have up to $2,000 in assets? Watch the video below and act!

Trapped in poverty for saving too much? That’s the reality for millions with disabilities under the outdated SSI asset limit. $2,000 Asset Limit on Supplemental Security Income (SSI) Since 1989: The limit was set more than 30 years ago, and inflation has skyrocketed since then. If adjusted for inflation, this amount should be closer to $10,000 today. Keeping the limit stagnant is unreasonable and unrealistic in today's economy. It Also Prevents Financial Independence: This limit traps individuals with disabilities in poverty. It discourages them from working, saving for emergencies, long-term needs, or even attempting to achieve a better financial status. Everyone should be able to set aside money for unforeseen medical costs, emergencies, or future needs. This outdated limit traps individuals with disabilities in poverty. It’s time to change this broken system. No one should be punished for wanting independence and stability. 💥 Click the link to support raising the SSI asset limit and eliminate the savings penalty and help bring financial dignity to people with disabilities. https://lnkd.in/e7RQ-Z4v

Inflation effects everyone and your advocacy means everything! To show your support for the bipartisan SSI Savings Penalty Elimination Act (S.2767/H.R.5408) complete this simple form below. Disability rights are human rights. #DisabilityRights #SocialSecurity #UpdateSSI

1989 is the year the $2,000 Supplemental Security Income (SSI) asset limit was set—and it hasn’t changed in since then. If the asset limit had kept up with inflation, it would be $10,000 today! We’ve been advocating for changes to the outdated SSI asset limits for too long. Tell Congress to #UpdateSSI by supporting the SSI Savings Penalty Elimination Act. Use this form to take action in a few easy steps. ➡️ https://bit.ly/4dA92wh

Unforeseen events happen, but your financial security doesn't have to be compromised. A.S.A.G.'s Cash Reserve is your shield for the unexpected. Learn here today: https://lnkd.in/gh235mK3 #ASAG #CashReserve #ASAGCashReserve #SafetyNet #PeaceOfMind

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There are a few things you can do to help guard your financial fortress! 🛡️ Protect your account with strong passwords, enable two-factor authentication, and stay vigilant. #Investing #SecurityFirst #Sarwa

Regulators are coming, and it's making TPRM professionals cringe! But are you prepared? It's crucial that your organization is aware of their priorities. Fortunately, experienced professionals can explain how to get ready. Check out this resource to learn more about the regulatory compliance priorities of the FRB, OCC, and FDIC in 2024. Don't wait until it's too late! #regulatorycompliance #compliance #thirdpartyriskmanagement #frb #occ #fdic Third Party Risk Association (TPRA) - Third Party Risk Management Third Party & Supply Chain Cyber Security Summit https://lnkd.in/exqKegbR

Understanding SSI Monthly Benefit Amount: Factors That Impact Your Payments Many factors can impact the amount of your SSI monthly benefit. In this clip, I discuss how the full SSI amount can be reduced based on additional help you may receive from others. It's crucial to maintain open communication with Social Security and document your financial situation clearly. Learn more about how to manage your SSI benefits and ensure you receive the maximum amount you're entitled to. Watch the full video on YouTube at: https://lnkd.in/eqFpxsNT #SSIBenefits #DisabilityLaw #SocialSecurity #FinancialSupport #DisabilityLawyer #BenefitAmount #SSI #SocialSecurityBenefits #KnowYourRights