Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $279,900 for 2028. After 2028, index the taxable maximum to AWI plus 0.5 percentage point. Apply benefit credit on additional earnings taxed.

OASDI Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Current Law Provision Current Law Provision
202313.313.314.514.5
202412.912.914.914.9
202513.013.215.015.0
202613.113.515.215.2
202713.113.615.415.4
202813.113.815.615.6
202913.213.815.715.7
203013.213.915.915.9
203113.213.916.016.0
203213.213.916.116.2
203313.213.916.316.3
203413.314.016.416.4
203513.314.016.516.5
203613.314.016.616.6
203713.314.016.616.7
203813.314.016.716.7
203913.314.016.716.8
204013.314.016.816.8
204113.314.116.816.9
204213.314.116.816.9
204313.314.116.816.9
204413.314.116.816.9
204513.314.116.917.0
204613.314.116.917.0
204713.314.116.917.0
204813.314.116.917.1
204913.314.117.017.1
205013.314.217.017.2
205113.314.217.017.2
205213.314.217.117.3
205313.314.217.117.3
205413.314.217.217.4
205513.314.217.217.5
205613.314.217.317.6
205713.414.317.417.7
205813.414.317.517.8
205913.414.317.517.9
206013.414.317.617.9
206113.414.317.718.0
206213.414.317.818.1
206313.414.317.818.2
206413.414.417.918.3
206513.414.417.918.4
206613.414.418.018.4
206713.414.418.118.5
206813.414.418.118.6
206913.414.418.218.7
207013.414.418.218.7
207113.414.418.318.8
207213.414.518.318.9
207313.414.518.418.9
207413.414.518.419.0
207513.414.518.519.0
207613.414.518.519.1
207713.414.518.519.1
207813.414.518.519.1
207913.414.518.519.1
208013.414.518.519.1
208113.414.518.419.1
208213.414.518.419.0
208313.414.518.319.0
208413.414.518.318.9
208513.414.518.218.9
208613.414.618.218.8
208713.414.618.118.8
208813.414.618.018.7
208913.414.618.018.6
209013.414.617.918.6
209113.414.617.818.5
209213.414.617.818.5
209313.414.617.818.5
209413.414.617.818.4
209513.414.617.718.4
209613.414.617.718.4
209713.414.617.818.5
209813.414.617.818.5
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