Sponsors (12)
The bill raises SSI asset limits and adds CPI‑U indexing to protect recipients from forced asset depletion and inflation, at the trade-off of modestly higher federal costs and imperfect protection in areas where local prices rise faster than the national CPI‑U.
SSI recipients — individuals and couples — can retain more assets without losing benefits: individuals up to $10,000 and couples up to $10,000 jointly in 2025, reducing forced asset depletion and preserving stability for low-income people and people with disabilities.
SSI recipients (individuals and couples) will have future resource limits automatically indexed to the CPI‑U after 2025, helping preserve beneficiaries' purchasing power against inflation over time.
Taxpayers and federal budgets may face modestly higher costs because raising SSI resource limits increases program expenditures, which could affect broader spending priorities.
Low-income recipients in areas with faster-than-national inflation may still see erosion of purchasing power because indexing to the national CPI‑U can lag or understate local cost increases.
Based on analysis of 2 sections of legislative text.
Raises SSI countable resource limits to $10,000 for individuals and couples in 2025 and indexes the limit annually to CPI‑U thereafter.
Introduced April 1, 2025 by Catherine Marie Cortez Masto · Last progress April 1, 2025
Raises the Supplemental Security Income (SSI) countable resource limit for individuals and couples to $10,000 in calendar year 2025 and requires annual automatic increases after 2025 tied to the CPI‑U (U.S. city average all items). The bill amends the SSI statute to set the new dollar limits and prescribes a method for calculating year‑to‑year inflation adjustments using a 12‑month average CPI comparison to the September 2024 baseline. The change lets SSI recipients hold more savings or assets without losing eligibility, and directs the Social Security Administration to apply the new limit and the specified inflation‑indexing formula beginning in 2025.