I 
112TH CONGRESS 
1ST SESSION H. R. 2103 
To modify certain requirements for countable resources and income under 
the Supplemental Security Income program, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
JUNE 2, 2011 
Ms. TSONGAS (for herself, Mr. PETRI, Ms. SCHAKOWSKY, Mr. TOWNS, Ms. 
WILSON of Florida, Mr. MCDERMOTT, and Mr. ELLISON) introduced the 
following bill; which was referred to the Committee on Ways and Means 
A BILL 
To modify certain requirements for countable resources and 
income under the Supplemental Security Income pro-
gram, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘SSI Savers Act of 
2011’’. 
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SEC. 2. INCREASE IN RESOURCE LIMITS; INFLATION AD-
JUSTMENT. 
(a) INCREASE
IN
RESOURCE
LIMITS.—Section 
1611(a)(3) of the Social Security Act (42 U.S.C. 
1382(a)(3)) is amended— 
(1) in subparagraph (A)— 
(A) by striking ‘‘and’’ the last place it ap-
pears; and 
(B) by inserting ‘‘, and to $7,500 on Janu-
ary 1 of the first calendar year that begins 
after the date of the enactment of the SSI Sav-
ers Act of 2011’’ before the period; and 
(2) in subparagraph (B)— 
(A) by striking ‘‘and’’ the last place it ap-
pears; and 
(B) by inserting ‘‘, and to $5,000 on Janu-
ary 1 of the first calendar year that begins 
after the date of the enactment of the SSI Sav-
ers Act of 2011’’ before the period. 
(b) INFLATION ADJUSTMENT.—Section 1611(a)(3) 
of such Act (42 U.S.C. 1382(a)(3)) is amended by adding 
at the end the following: 
‘‘(C) ADJUSTMENT FOR INFLATION.— 
‘‘(i) IN
GENERAL.—Whenever dollar 
amounts in effect under paragraphs (1)(A) 
and (2)(A) of this subsection are increased 
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by a percentage under section 1617, each 
of the dollar amounts in effect under this 
paragraph shall be increased by the same 
percentage, and rounded to the closest 
multiple of $100. 
‘‘(ii) REQUIREMENT.—Each adjust-
ment under clause (i) shall be based on the 
unrounded amount for the prior 12-month 
period.’’. 
SEC. 3. LIMITED EXCLUSION FROM RESOURCES OF CER-
TAIN DEFERRED COMPENSATION AND EDU-
CATION SAVINGS ARRANGEMENTS. 
Section 1613 of the Social Security Act (42 U.S.C. 
1382b) is amended— 
(1) in subsection (a)— 
(A) in paragraph (16), by striking ‘‘and’’ 
at the end; 
(B) in paragraph (17), by striking the pe-
riod and inserting a semicolon; and 
(C) by inserting after paragraph (17) the 
following: 
‘‘(18) if the individual is not described in sec-
tion 1611(e)(1)(B) of this Act, the value of any as-
sets in a plan, contract, or account, annuity, or trust 
described in section 401(a), 403(a), 403(b), 408, 
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408A, 414(d), 457(b), or 501(c)(18) of the Internal 
Revenue Code of 1986, any retirement program or 
account included in any successor or similar provi-
sion that may be enacted and determined to be ex-
empt from tax under the Internal Revenue Code of 
1986, and any other retirement plan, contract, ac-
count, annuity, or trust, as determined in the sole 
discretion of the Commissioner, except that if the in-
dividual has attained 65 years of age, the total 
amount excluded under this paragraph shall not ex-
ceed— 
‘‘(A) $50,000 (or, if greater, the amount 
determined under subsection (f) of this section) 
if the individual does not have an eligible 
spouse; or 
‘‘(B) $75,000 (or, if greater, the amount 
determined under such subsection (f)) if the in-
dividual has an eligible spouse; and 
‘‘(19) if the individual has not attained 65 
years of age, the value of— 
‘‘(A) any funds in a qualified tuition pro-
gram (as defined in section 529 of the Internal 
Revenue Code of 1986) or in a Coverdell edu-
cation savings account (as defined in section 
530 of such Code); 
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‘‘(B) any other education program, con-
tract, or account, as determined in the sole dis-
cretion of the Commissioner; and 
‘‘(C) any individual development account 
established pursuant to the Assets for Inde-
pendence Act or section 333B of the Consoli-
dated Farm and Rural Development Act, or 
under an individual development account pro-
gram funded and administered by a Federal or 
State agency or by a nonprofit ogranization de-
scribed in section 501(c) of the Internal Rev-
enue Code of 1986, as determined in the sole 
discretion of the Commissioner.’’; and 
(2) by adding at the end the following: 
‘‘(f) ADJUSTMENT FOR INFLATION.— 
‘‘(1) IN GENERAL.—Whenever dollar amounts 
in effect under paragraphs (1)(A) and (2)(A) of sec-
tion 1611(a) are increased by a percentage under 
section 1617, each of the dollar amounts in effect 
under subsection (a)(18) of this section shall be in-
creased by the same percentage, and rounded to the 
closest multiple of $100. 
‘‘(2) REQUIREMENT.—Each adjustment under 
paragraph (1) shall be based on the unrounded 
amount for the prior 12-month period.’’. 
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SEC. 4. INCOME RULES APPLICABLE TO CERTAIN DE-
FERRED COMPENSATION ARRANGEMENTS. 
(a) IMPUTATION OF INCOME IN CERTAIN CASES.— 
Section 1612 of the Social Security Act (42 U.S.C. 1382a) 
is amended by adding at the end the following: 
‘‘Imputation of Income From Certain Deferred 
Compensation Arrangements 
‘‘(c)(1) If the aggregate value of the assets described 
in section 1613(a)(18) of an eligible individual who has 
attained 65 years of age and is not described in section 
1611(e)(1)(B) exceeds— 
‘‘(A) $10,000 (or, if greater, the amount deter-
mined under paragraph (2) of this subsection) if the 
individual does not have an eligible spouse; or 
‘‘(B) $15,000 (or, if greater, the amount deter-
mined under such paragraph (2)) if the individual 
has an eligible spouse, 
but does not exceed the dollar amount in effect with re-
spect to the individual under section 1613(a)(18), the as-
sets shall be considered income in an amount equal to the 
annuity value of the assets (as determined under regula-
tions of the Commissioner of Social Security). 
‘‘(2)(A) Whenever dollar amounts in effect under 
paragraphs (1)(A) and (2)(A) of section 1611(a) are in-
creased by a percentage under section 1617, each of the 
dollar amounts in effect under paragraph (1) of this sub-
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section shall be increased by the same percentage, and 
rounded to the closest multiple of $100. 
‘‘(B) Each adjustment under paragraph (1) shall be 
based on the unrounded amount for the prior 12-month 
period.’’. 
(b) EXCLUSION
OF
ONE-THIRD
OF
DISTRIBU-
TIONS.—Section 1612(b) of such Act (42 U.S.C. 
1382a(b)) is amended— 
(1) by striking ‘‘and’’ at the end of paragraph 
(24); 
(2) by striking the period at the end of para-
graph (25) and inserting ‘‘; and’’; and 
(3) by adding at the end the following: 
‘‘(26) one-third of the value of any assets de-
scribed in section 1613(a)(18) distributed to such 
individual (or such spouse).’’. 
SEC. 5. ELIMINATION OF REQUIREMENT THAT SSI RECIPI-
ENTS APPLY FOR PERIODIC PAYMENTS FROM 
CERTAIN 
DEFERRED 
COMPENSATION 
AR-
RANGEMENTS. 
Section 1611(e)(2) of the Social Security Act (42 
U.S.C. 1382(e)(2)) is amended by inserting ‘‘(other than 
payments from a plan, contract, account, annuity, or trust 
referred to in section 1613(a)(18))’’ after ‘‘section 
1612(a)(2)(B)’’. 
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SEC. 6. EFFECTIVE DATE. 
The amendments made by this Act shall apply to ben-
efits for calendar months beginning after the date of the 
enactment of this Act. 
Æ 
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