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H.R. 4583

BillFederalHouseIn Committee
SSI Savers Act of 2014
About This Bill
Committee
Latest Action · May 6, 2014
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
May 6, 2014
Cosponsors (8)
7D 1R
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Summary

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SSI Savers Act of 2014 - 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.

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