S. 1234 proposes changes to the Social Security Act to help more people qualify for supplemental security income (SSI). The bill raises the amount of money an individual or couple can have in savings and still be eligible for SSI to $10,000 and $20,000, respectively, starting...
Simple Explanation
This bill wants to change the rules so people can have more money in their bank accounts and still get help from the government if they're struggling. It means they could save more without losing the special money they get for support, and each year, the amount they can save would change a little to keep up with prices.