Summary: H.R.4583 — 113th Congress (2013-2014)All Information (Except Text)

There is one summary for H.R.4583. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/06/2014)

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.