Skip to content
Social Security Online 		Actuarial Publications
www.socialsecurity.gov Home   FAQs   Contact Us   Search
 
Solvency provisions SSA logo: link to Social Security Online home

Detailed Single Year Tables
Taxation of Benefits

Description of Proposed Provision:
Starting in 2012, tax Social Security benefits in a manner similar to private pension income. Phase out the lower-income thresholds during 2012-2021.

 

Financial Estimates for the OASDI Trust Fund Program
 
  Proposal
   Change from Present Law
  Expressed as a percentage of
present-law taxable payroll

 Trust fund
ratio as of
January 1		 Expressed as a percentage of
present-law taxable payroll
Calendar
year		 Cost
rate		 Income
rate		 Annual
balance
Cost
rate		 Income
rate		 Annual
balance
201113.3512.52-0.82
353
0.000.000.00
201213.2312.99-0.24
347
0.000.120.12
201313.1813.03-0.15
342
0.000.170.17
201413.1813.14-0.05
336
0.000.220.22
201513.2413.21-0.03
331
0.000.270.27
201613.3313.29-0.04
327
0.000.320.32
201713.4613.36-0.10
322
0.000.360.36
201813.6213.42-0.19
316
0.000.400.40
201913.8813.47-0.41
309
0.000.420.42
202014.2013.50-0.69
300
0.000.440.44
202114.5213.53-0.98
290
0.000.450.46
202214.8313.55-1.28
280
0.000.450.45
202315.1213.56-1.56
269
0.000.450.45
202415.4013.57-1.83
257
0.000.440.44
202515.6713.58-2.09
244
0.000.430.44
202615.9213.59-2.33
230
0.000.430.43
202716.1513.60-2.55
216
0.000.420.42
202816.3413.60-2.75
201
0.000.410.41
202916.5213.60-2.91
185
0.000.400.40
203016.6513.60-3.05
169
0.000.390.39
203116.7613.60-3.16
152
0.000.380.38
203216.8513.60-3.26
134
0.000.370.37
203316.9313.59-3.34
117
0.000.360.36
203416.9813.59-3.39
98
0.000.350.35
203517.0113.58-3.43
80
0.000.340.34
203617.0313.57-3.46
61
0.000.330.33
203717.0413.57-3.47
42
0.000.320.32
203817.0213.56-3.46
22
0.000.310.31
203916.9913.55-3.44
3
0.000.300.30
204016.9513.54-3.41
----
0.000.290.29
204116.9113.53-3.38
----
0.000.280.28
204216.8713.52-3.35
----
0.000.270.28
204316.8413.51-3.33
----
0.000.270.27
204416.8113.51-3.31
----
0.000.260.26
204516.7913.50-3.29
----
0.000.250.25
204616.7613.49-3.27
----
0.000.250.25
204716.7413.49-3.25
----
0.000.240.24
204816.7213.48-3.24
----
0.000.240.24
204916.7013.48-3.22
----
0.000.230.23
205016.6913.47-3.21
----
0.000.230.23
205116.6813.47-3.21
----
0.000.220.22
205216.6813.47-3.22
----
0.000.220.22
205316.6913.46-3.23
----
0.000.220.22
205416.7013.46-3.24
----
0.000.210.21
205516.7213.46-3.26
----
0.000.210.21
205616.7413.46-3.28
----
0.000.210.21
205716.7613.46-3.30
----
0.000.210.21
205816.7813.46-3.32
----
0.000.200.20
205916.7913.46-3.34
----
0.000.200.20
206016.8013.46-3.35
----
0.000.200.20
206116.8113.46-3.36
----
0.000.200.20
206216.8213.45-3.37
----
0.000.190.19
206316.8413.45-3.38
----
0.000.190.19
206416.8513.45-3.40
----
0.000.190.19
206516.8713.45-3.41
----
0.000.190.19
206616.8913.45-3.44
----
0.000.190.19
206716.9113.45-3.46
----
0.000.190.19
206816.9413.45-3.49
----
0.000.180.18
206916.9713.46-3.51
----
0.000.180.18
207017.0013.46-3.55
----
0.000.180.18
207117.0313.46-3.58
----
0.000.180.18
207217.0713.46-3.61
----
0.000.180.18
207317.1013.46-3.64
----
0.000.180.18
207417.1413.46-3.68
----
0.000.180.18
207517.1813.46-3.71
----
0.000.180.18
207617.2113.47-3.75
----
0.000.180.18
207717.2513.47-3.78
----
0.000.180.18
207817.2913.47-3.82
----
0.000.180.18
207917.3213.47-3.85
----
0.000.180.18
208017.3613.47-3.89
----
0.000.180.18
208117.4013.48-3.92
----
0.000.170.18
208217.4413.48-3.96
----
0.000.170.17
208317.4813.48-4.00
----
0.000.170.17
208417.5213.48-4.03
----
0.000.170.17
208517.5513.48-4.07
----
0.000.170.17
208617.5913.49-4.11
----
0.000.170.17



 

Summarized Estimates
 
  Proposal
   Change from Present Law
Years Cost
rate		 Income
rate		 Actuarial
balance
Year of
exhaustion1
Cost
rate		 Income
rate		 Actuarial
balance
 
Based on Intermediate Assumptions of the 2011 Trustees Report.
2011-2085 16.25% 14.30% -1.94%
2039
-0.00% 0.28% 0.28%
 
1 Under present law, the year of exhaustion is 2036.

 Link to USA.gov: U.S. Government portal Privacy Policy  | Website Policies & Other Important Information  | Site Map
Last reviewed or modified December 21, 2011