Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $248,400 for 2026. After 2026, index the taxable maximum to AWI plus 0.5 percentage point. Apply benefit credit on additional earnings taxed.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2021253253
2022231231
2023214214
2024196197
2025178181
2026159166
2027141151
2028122136
2029104121
203085105
20316690
20324674
20332758
2034742
2035-1325
2036-339
2037-54-8
2038-76-25
2039-97-43
2040-119-60
2041-142-78
2042-165-96
2043-188-115
2044-211-134
2045-235-153
2046-258-171
2047-282-190
2048-306-209
2049-330-229
2050-354-248
2051-378-268
2052-403-287
2053-427-307
2054-452-327
2055-477-347
2056-502-367
2057-527-387
2058-552-408
2059-578-429
2060-604-450
2061-630-471
2062-657-493
2063-684-515
2064-712-538
2065-740-561
2066-768-584
2067-796-608
2068-825-632
2069-855-656
2070-884-680
2071-914-705
2072-945-731
2073-976-756
2074-1007-782
2075-1039-809
2076-1071-836
2077-1105-865
2078-1139-893
2079-1175-923
2080-1211-953
2081-1248-984
2082-1286-1015
2083-1324-1047
2084-1363-1079
2085-1403-1112
2086-1443-1145
2087-1483-1178
2088-1524-1212
2089-1564-1245
2090-1604-1278
2091-1643-1309
2092-1681-1340
2093-1718-1370
2094-1754-1400
2095-1789-1429
2096-1825-1458
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