Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $238,200 for 2025. After 2025, 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
2020261261
2021248248
2022233233
2023217218
2024200204
2025183190
2026165176
2027148162
2028130148
2029112134
203094119
203176104
20325890
20333975
20342060
2035145
2036-1929
2037-3814
2038-59-2
2039-80-19
2040-101-36
2041-122-52
2042-144-70
2043-166-87
2044-188-104
2045-210-122
2046-232-139
2047-255-157
2048-277-174
2049-299-192
2050-322-209
2051-344-227
2052-367-245
2053-389-262
2054-412-280
2055-434-298
2056-457-316
2057-480-335
2058-504-353
2059-527-372
2060-551-391
2061-575-410
2062-599-430
2063-624-450
2064-650-471
2065-676-492
2066-702-513
2067-728-535
2068-755-557
2069-782-579
2070-809-602
2071-837-625
2072-866-649
2073-895-673
2074-925-698
2075-955-723
2076-986-749
2077-1018-775
2078-1051-802
2079-1084-830
2080-1119-859
2081-1154-888
2082-1190-917
2083-1226-947
2084-1263-978
2085-1300-1008
2086-1337-1039
2087-1374-1069
2088-1411-1100
2089-1448-1130
2090-1484-1159
2091-1520-1189
2092-1554-1217
2093-1589-1245
2094-1623-1273
2095-1657-1301
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