An open letter to the U.S. Congress

Pass S. 2767 / H.R. 5408: The Bipartisan SSI Savings Penalty Elimination Act!

821 so far! Help us get to 1,000 signers!

As your constituent, I am urging you to vote for the passage of S. 2767 / H.R. 5408 the bipartisan SSI Savings Penalty Elimination Act. When the SSI program was created in 1972, the asset limits were $1,500 in savings for individuals and $2,250 for couples. The limits were gradually increased between 1985 and 1989 to what it is today. If the asset limits had been indexed to inflation beginning in 1972, it would be $9,929 for an individual and $14,893 for a couple in 2024. Due to these onerous asset limits, SSI recipients can’t have much of anything in cash, bank accounts, retirement accounts, whole life insurance policies, investments, and certain types of personal property to be eligible for the benefit, which keeps them stuck in a life of poverty. The bipartisan SSI Savings Penalty Elimination Act would increase the asset limit from $2,000 to $10,000 for an individual and $3,000 to $20,000 for a couple, and it would exclude retirement savings from the countable assets. The limits on assets for SSI beneficiaries are truly unfair to families. They often prevent family members from seeking promotions, accepting new jobs, or saving money for fear that their loved one will lose their benefits. The workforce is also impacted by the draconian asset limit. It keeps qualified workers out of the job market for fear of losing access to benefits or health insurance. Will you join Senators Brown (D-OH) and Cassidy (R-LA) and Representatives Fitzpatrick (R-PA) and Higgins (D-NY) as cosponsors of the SSI Savings Penalty Elimination Act? Thanks!

▶ Created on January 30 by Jess Craven

📱 Text SIGN PXFDTO to 50409

🤯 Liked it? Text FOLLOW JESSCRAVEN101 to 50409

Worried about inflation and stock market volatility? Many Americans are now turning to Gold IRAs to diversify and protect their retirement savings. This article breaks down what a Gold IRA is, how it works, and why it’s becoming a trusted option for long-term financial security. Stay informed and explore how tangible assets like gold fit into a modern retirement strategy.

I want to thank Mark Dickson for his testimonial. This is what he said, "Wayne is a passionate, well educated, advisor who cares about his clients." Having a financial coach will help you reach your goals. I work hard to get my clients the best return for their investments and provide outstanding coaching and expertise. Call me at 519-220-0557 for more details. https://bit.ly/38Ne74w

Wooooow!! ON OUR WAY TO ONE MILLION AFFILIATES WORLDWIDE BY JUNE 18 WILL YOU BE IN THE NUMBER? This is the time to take that opportunity and start building wealth to leave a legacy FOR YOUR FAMILY. BE YOUR OWN BANK! PAY YOURSELF FIRST KARATBARS INTERNATIONAL Allows you to save in GOLD YOUR OWN MONEY Global Banking System: Get PAID to pay yourself 1st. Click on my sign up link: https://www.karatbars.com/?s=melisag GOLD MONEY account today. KARATBARS has Transaction Friendly Affordable GOLD in 5 gram, 2.5 gram, 1 gram. Karatbars also has Cashgold. Change begins with YOU ! #payyourselffirst. #karatbarsinternational #karatpay #assets #cashflow #goldsaving #onlinebusiness #yournetworth #networkmarketing #ecommerce #entrepreneurship #residualincome #financialsecurity #leadership

An open letter to the U.S. Congress

Pass S. 2767 / H.R. 5408: The Bipartisan SSI Savings Penalty Elimination Act!

821 so far! Help us get to 1,000 signers!

As your constituent, I am urging you to vote for the passage of S. 2767 / H.R. 5408 the bipartisan SSI Savings Penalty Elimination Act. When the SSI program was created in 1972, the asset limits were $1,500 in savings for individuals and $2,250 for couples. The limits were gradually increased between 1985 and 1989 to what it is today. If the asset limits had been indexed to inflation beginning in 1972, it would be $9,929 for an individual and $14,893 for a couple in 2024. Due to these onerous asset limits, SSI recipients can’t have much of anything in cash, bank accounts, retirement accounts, whole life insurance policies, investments, and certain types of personal property to be eligible for the benefit, which keeps them stuck in a life of poverty. The bipartisan SSI Savings Penalty Elimination Act would increase the asset limit from $2,000 to $10,000 for an individual and $3,000 to $20,000 for a couple, and it would exclude retirement savings from the countable assets. The limits on assets for SSI beneficiaries are truly unfair to families. They often prevent family members from seeking promotions, accepting new jobs, or saving money for fear that their loved one will lose their benefits. The workforce is also impacted by the draconian asset limit. It keeps qualified workers out of the job market for fear of losing access to benefits or health insurance. Will you join Senators Brown (D-OH) and Cassidy (R-LA) and Representatives Fitzpatrick (R-PA) and Higgins (D-NY) as cosponsors of the SSI Savings Penalty Elimination Act? Thanks!

▶ Created on January 30 by Jess Craven

📱 Text SIGN PXFDTO to 50409

🤯 Liked it? Text FOLLOW JESSCRAVEN101 to 50409

I want to thank Ron and Fran Bowman for their testimonial. This what they said "My husband and I have always worked hard to build a modest life for ourselves. Investing was a mystery to us and we were wary to trust someone with our hard-earned savings. When we met Wayne Elliott, we were immediately impressed with his friendly and open personality. Over the past 12 years he has been a confidante and a source of inspiration in his role as our financial advisor. During this time, he actively encouraged us to take the steps necessary to realize our dreams. Through Wayne’s guidance and sound financial advice we now have the freedom to enjoy our retirement in our newly built home in the Muskokas. We choose wisely in our financial advisor and I would recommend Wayne to anyone with a dream to fulfill." Ron and Fran Bowman are happily retired in Muskoka! Having a financial coach will help you reach your goals. I work hard to get my clients the best return for their investments and provide outstanding coaching and expertise. Call me at 519-220-0557 for more details. https://bit.ly/38Ne74w