Detailed Single Year Tables
Description of Proposed Provision:
F9: Apply a separate 12.4 percent tax on investment income as defined in the Affordable Care Act (ACA), with unindexed thresholds as in the ACA ($200,000 single filer, $250,000 for married filing joint), starting in 2026. Proceeds go to the OASDI Trust Funds.
Financial Estimates for the OASDI Trust Fund Program
Proposal | Change from Current Law | ||||||||
---|---|---|---|---|---|---|---|---|---|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
2024 | 14.71 | 13.03 | -1.68 | 188 | 0.00 | 0.00 | 0.00 | ||
2025 | 15.00 | 12.89 | -2.11 | 171 | 0.00 | 0.00 | 0.00 | ||
2026 | 15.20 | 14.13 | -1.07 | 152 | 0.00 | 1.06 | 1.06 | ||
2027 | 15.36 | 14.18 | -1.18 | 141 | -0.00 | 1.08 | 1.08 | ||
2028 | 15.42 | 14.22 | -1.20 | 131 | -0.00 | 1.09 | 1.09 | ||
2029 | 15.47 | 14.26 | -1.21 | 121 | -0.00 | 1.10 | 1.10 | ||
2030 | 15.53 | 14.29 | -1.24 | 111 | -0.00 | 1.11 | 1.11 | ||
2031 | 15.57 | 14.32 | -1.26 | 101 | -0.00 | 1.12 | 1.12 | ||
2032 | 15.60 | 14.34 | -1.26 | 92 | -0.00 | 1.12 | 1.13 | ||
2033 | 15.66 | 14.40 | -1.26 | 83 | -0.00 | 1.13 | 1.14 | ||
2034 | 15.77 | 14.42 | -1.35 | 75 | -0.00 | 1.15 | 1.15 | ||
2035 | 15.88 | 14.45 | -1.44 | 66 | -0.00 | 1.16 | 1.16 | ||
2036 | 15.99 | 14.47 | -1.52 | 57 | -0.00 | 1.17 | 1.17 | ||
2037 | 16.09 | 14.49 | -1.60 | 48 | -0.00 | 1.18 | 1.19 | ||
2038 | 16.17 | 14.51 | -1.67 | 38 | -0.00 | 1.20 | 1.20 | ||
2039 | 16.25 | 14.53 | -1.72 | 28 | -0.00 | 1.21 | 1.21 | ||
2040 | 16.32 | 14.54 | -1.77 | 18 | -0.00 | 1.22 | 1.22 | ||
2041 | 16.38 | 14.56 | -1.82 | 7 | -0.00 | 1.23 | 1.23 | ||
2042 | 16.43 | 14.58 | -1.86 | — | -0.00 | 1.24 | 1.24 | ||
2043 | 16.48 | 14.59 | -1.89 | — | -0.00 | 1.25 | 1.25 | ||
2044 | 16.52 | 14.60 | -1.91 | — | -0.00 | 1.26 | 1.26 | ||
2045 | 16.55 | 14.61 | -1.94 | — | -0.00 | 1.27 | 1.27 | ||
2046 | 16.58 | 14.63 | -1.96 | — | -0.00 | 1.28 | 1.28 | ||
2047 | 16.62 | 14.64 | -1.98 | — | -0.00 | 1.29 | 1.29 | ||
2048 | 16.66 | 14.65 | -2.01 | — | -0.00 | 1.30 | 1.30 | ||
2049 | 16.71 | 14.67 | -2.04 | — | -0.00 | 1.31 | 1.31 | ||
2050 | 16.76 | 14.68 | -2.07 | — | -0.00 | 1.32 | 1.32 | ||
2051 | 16.81 | 14.69 | -2.11 | — | -0.00 | 1.33 | 1.33 | ||
2052 | 16.87 | 14.71 | -2.16 | — | -0.00 | 1.34 | 1.34 | ||
2053 | 16.93 | 14.72 | -2.21 | — | -0.00 | 1.34 | 1.35 | ||
2054 | 17.00 | 14.74 | -2.26 | — | -0.00 | 1.35 | 1.35 | ||
2055 | 17.08 | 14.75 | -2.32 | — | -0.00 | 1.36 | 1.36 | ||
2056 | 17.16 | 14.77 | -2.39 | — | -0.00 | 1.37 | 1.37 | ||
2057 | 17.24 | 14.78 | -2.46 | — | -0.00 | 1.38 | 1.38 | ||
2058 | 17.33 | 14.79 | -2.54 | — | -0.00 | 1.38 | 1.39 | ||
2059 | 17.42 | 14.81 | -2.61 | — | -0.00 | 1.39 | 1.39 | ||
2060 | 17.50 | 14.82 | -2.68 | — | -0.00 | 1.40 | 1.40 | ||
2061 | 17.58 | 14.84 | -2.74 | — | -0.00 | 1.40 | 1.41 | ||
2062 | 17.65 | 14.85 | -2.80 | — | -0.00 | 1.41 | 1.41 | ||
2063 | 17.72 | 14.86 | -2.86 | — | -0.00 | 1.42 | 1.42 | ||
2064 | 17.79 | 14.87 | -2.92 | — | -0.00 | 1.42 | 1.42 | ||
2065 | 17.85 | 14.88 | -2.97 | — | -0.00 | 1.43 | 1.43 | ||
2066 | 17.92 | 14.89 | -3.02 | — | -0.00 | 1.43 | 1.44 | ||
2067 | 17.98 | 14.90 | -3.08 | — | -0.00 | 1.44 | 1.44 | ||
2068 | 18.05 | 14.91 | -3.13 | — | -0.00 | 1.45 | 1.45 | ||
2069 | 18.11 | 14.93 | -3.19 | — | -0.00 | 1.45 | 1.45 | ||
2070 | 18.18 | 14.94 | -3.25 | — | -0.00 | 1.46 | 1.46 | ||
2071 | 18.25 | 14.95 | -3.30 | — | -0.00 | 1.46 | 1.46 | ||
2072 | 18.31 | 14.96 | -3.36 | — | -0.00 | 1.47 | 1.47 | ||
2073 | 18.37 | 14.97 | -3.41 | — | -0.00 | 1.47 | 1.47 | ||
2074 | 18.43 | 14.98 | -3.46 | — | -0.00 | 1.48 | 1.48 | ||
2075 | 18.48 | 14.98 | -3.50 | — | -0.00 | 1.48 | 1.48 | ||
2076 | 18.52 | 14.99 | -3.53 | — | -0.00 | 1.49 | 1.49 | ||
2077 | 18.56 | 15.00 | -3.56 | — | -0.00 | 1.49 | 1.49 | ||
2078 | 18.58 | 15.01 | -3.58 | — | -0.00 | 1.49 | 1.49 | ||
2079 | 18.59 | 15.01 | -3.58 | — | -0.00 | 1.50 | 1.50 | ||
2080 | 18.59 | 15.02 | -3.58 | — | -0.00 | 1.50 | 1.50 | ||
2081 | 18.59 | 15.02 | -3.57 | — | -0.00 | 1.51 | 1.51 | ||
2082 | 18.57 | 15.02 | -3.55 | — | -0.00 | 1.51 | 1.51 | ||
2083 | 18.54 | 15.03 | -3.52 | — | -0.00 | 1.51 | 1.51 | ||
2084 | 18.51 | 15.03 | -3.48 | — | -0.00 | 1.52 | 1.52 | ||
2085 | 18.47 | 15.03 | -3.44 | — | -0.00 | 1.52 | 1.52 | ||
2086 | 18.42 | 15.03 | -3.39 | — | -0.00 | 1.52 | 1.52 | ||
2087 | 18.36 | 15.03 | -3.33 | — | -0.00 | 1.53 | 1.53 | ||
2088 | 18.30 | 15.03 | -3.27 | — | -0.00 | 1.53 | 1.53 | ||
2089 | 18.24 | 15.03 | -3.22 | — | -0.00 | 1.53 | 1.53 | ||
2090 | 18.19 | 15.03 | -3.16 | — | -0.00 | 1.54 | 1.54 | ||
2091 | 18.14 | 15.03 | -3.11 | — | -0.00 | 1.54 | 1.54 | ||
2092 | 18.10 | 15.03 | -3.08 | — | -0.00 | 1.54 | 1.54 | ||
2093 | 18.08 | 15.03 | -3.05 | — | -0.00 | 1.54 | 1.55 | ||
2094 | 18.07 | 15.03 | -3.04 | — | -0.00 | 1.55 | 1.55 | ||
2095 | 18.06 | 15.03 | -3.03 | — | -0.00 | 1.55 | 1.55 | ||
2096 | 18.07 | 15.04 | -3.04 | — | -0.00 | 1.55 | 1.56 | ||
2097 | 18.09 | 15.04 | -3.05 | — | -0.00 | 1.56 | 1.56 | ||
2098 | 18.12 | 15.05 | -3.07 | — | -0.00 | 1.56 | 1.56 | ||
2099 | 18.16 | 15.05 | -3.10 | — | -0.00 | 1.56 | 1.56 |
Summarized Estimates
Proposal | Change from Current Law | ||||||||
---|---|---|---|---|---|---|---|---|---|
Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
2024-2098 | 17.30% | 15.11% | -2.18% | 2041 | -0.00% | 1.31% | 1.31% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2035. |
Based on Intermediate Assumptions of the 2024 Trustees Report.