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Projected Effects of a Proposal to Increase the Full Retirement Age (FRA)
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Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 8% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 7% | 0% | 0% | 0% | 0% |
Male | 10% | 0% | 0% | 0% | 0% |
Race and ethnicity | |||||
Hispanic or Latino, any race | 13% | 0% | -1% | 0% | 0% |
White, non-Hispanic | 7% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 9% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 9% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 7% | 0% | 0% | 0% | 0% |
Other countries | 12% | 0% | -1% | 0% | 0% |
Age | |||||
60–69 | 25% | 0% | -1% | 0% | 0% |
70–79 | 0% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 10% | 0% | 0% | 0% | 0% |
Divorced | 8% | 0% | 0% | 0% | 0% |
Widowed | 2% | 0% | 0% | 0% | 0% |
Never married | 11% | 0% | -1% | 0% | 0% |
Highest education level | |||||
Graduate | 5% | 0% | 0% | 0% | 0% |
Bachelor | 8% | 0% | 0% | 0% | 0% |
Associate | 9% | 0% | 0% | 0% | 0% |
High school | 8% | 0% | 0% | 0% | 0% |
Less than high school | 11% | 0% | -1% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 8% | 0% | 0% | 0% | 0% |
In poverty | 14% | 0% | -1% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 7% | 0% | 0% | 0% | 0% |
Second highest | 9% | 0% | 0% | 0% | 0% |
Middle | 8% | 0% | 0% | 0% | 0% |
Second lowest | 8% | 0% | 0% | 0% | 0% |
Lowest | 9% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 10% | 0% | -1% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 9% | 0% | 0% | 0% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 63% | 0% | -6% | -2% | 0% |
Sex | |||||
Female | 59% | 0% | -6% | -1% | 0% |
Male | 67% | 0% | -6% | -2% | 0% |
Race and ethnicity | |||||
Hispanic or Latino, any race | 67% | 0% | -6% | -2% | 0% |
White, non-Hispanic | 61% | 0% | -6% | -2% | 0% |
Black or African American, non-Hispanic | 62% | 0% | -6% | -2% | 0% |
All other races, non-Hispanic | 68% | 0% | -6% | -2% | 0% |
Country of birth | |||||
United States | 62% | 0% | -6% | -2% | 0% |
Other countries | 65% | 0% | -6% | -2% | 0% |
Age | |||||
60–69 | 75% | 0% | -7% | -5% | 0% |
70–79 | 80% | 0% | -5% | -3% | 0% |
80–89 | 49% | 0% | -2% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 71% | 0% | -6% | -3% | 0% |
Divorced | 62% | 0% | -6% | -1% | 0% |
Widowed | 34% | 0% | -3% | 0% | 0% |
Never married | 72% | 0% | -6% | -3% | 0% |
Highest education level | |||||
Graduate | 66% | 0% | -6% | -2% | 0% |
Bachelor | 65% | 0% | -5% | -2% | 0% |
Associate | 63% | 0% | -6% | -2% | 0% |
High school | 59% | 0% | -6% | -1% | 0% |
Less than high school | 66% | 0% | -6% | -3% | 0% |
Current-law poverty status | |||||
Above poverty | 63% | 0% | -6% | -2% | 0% |
In poverty | 66% | 0% | -6% | -2% | 0% |
Current-law household income quintile | |||||
Highest | 68% | 0% | -6% | -2% | 0% |
Second highest | 68% | 0% | -6% | -2% | 0% |
Middle | 64% | 0% | -6% | -2% | 0% |
Second lowest | 59% | 0% | -6% | -1% | 0% |
Lowest | 57% | 0% | -6% | -1% | 0% |
Current-law benefit type | |||||
Retired worker only | 74% | 0% | -6% | -3% | 0% |
Widow(er) (includes dually entitled) | 22% | 0% | -1% | 0% | 0% |
Spousal (includes dually entitled) | 69% | 0% | -6% | -2% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 79% | 0% | -11% | -6% | 0% |
Sex | |||||
Female | 77% | 0% | -11% | -6% | 0% |
Male | 80% | 0% | -11% | -6% | 0% |
Race and ethnicity | |||||
Hispanic or Latino, any race | 77% | 0% | -11% | -7% | 0% |
White, non-Hispanic | 80% | 0% | -11% | -6% | 0% |
Black or African American, non-Hispanic | 72% | 0% | -11% | -6% | 0% |
All other races, non-Hispanic | 83% | 0% | -11% | -6% | 0% |
Country of birth | |||||
United States | 79% | 0% | -11% | -6% | 0% |
Other countries | 78% | 0% | -11% | -6% | 0% |
Age | |||||
60–69 | 75% | 0% | -13% | -11% | 0% |
70–79 | 81% | 0% | -10% | -8% | 0% |
80–89 | 78% | 0% | -7% | -5% | 0% |
90 or older | 79% | 0% | -5% | -3% | 0% |
Marital status | |||||
Married | 82% | 0% | -11% | -7% | 0% |
Divorced | 78% | 0% | -11% | -5% | 0% |
Widowed | 65% | 0% | -8% | -3% | 0% |
Never married | 81% | 0% | -11% | -7% | 0% |
Highest education level | |||||
Graduate | 83% | 0% | -11% | -5% | 0% |
Bachelor | 83% | 0% | -11% | -5% | 0% |
Associate | 79% | 0% | -11% | -6% | 0% |
High school | 74% | 0% | -11% | -6% | 0% |
Less than high school | 75% | 0% | -12% | -7% | 0% |
Current-law poverty status | |||||
Above poverty | 79% | 0% | -11% | -6% | 0% |
In poverty | 78% | 0% | -11% | -8% | 0% |
Current-law household income quintile | |||||
Highest | 85% | 0% | -11% | -6% | 0% |
Second highest | 83% | 0% | -12% | -6% | 0% |
Middle | 79% | 0% | -11% | -6% | 0% |
Second lowest | 74% | 0% | -11% | -6% | 0% |
Lowest | 71% | 0% | -11% | -6% | 0% |
Current-law benefit type | |||||
Retired worker only | 87% | 0% | -11% | -7% | 0% |
Widow(er) (includes dually entitled) | 53% | 1% | -5% | -1% | 0% |
Spousal (includes dually entitled) | 80% | 0% | -13% | -8% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2024$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race and ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | ||||||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2024$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race and ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | ||||||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2024$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race and ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | ||||||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 1% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 1% | 0% | 0% | 0% | 0% |
Male | 1% | 0% | 0% | 0% | 0% |
Race and ethnicity | |||||
Hispanic or Latino, any race | 2% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 1% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 1% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 1% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 1% | 0% | 0% | 0% | 0% |
Other countries | 1% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 3% | 0% | 0% | 0% | 0% |
70–79 | 0% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 1% | 0% | 0% | 0% | 0% |
Divorced | 2% | 0% | 0% | 0% | 0% |
Widowed | 0% | 0% | 0% | 0% | 0% |
Never married | 2% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 0% | 0% | 0% | 0% | 0% |
Associate | 1% | 0% | 0% | 0% | 0% |
High school | 1% | 0% | 0% | 0% | 0% |
Less than high school | 2% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 1% | 0% | 0% | 0% | 0% |
In poverty | 8% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 0% | 0% | 0% | 0% | 0% |
Second lowest | 0% | 0% | 0% | 0% | 0% |
Lowest | 4% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 1% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 42% | 0% | -3% | 0% | 0% |
Sex | |||||
Female | 39% | 0% | -3% | 0% | 0% |
Male | 45% | 0% | -3% | 0% | 0% |
Race and ethnicity | |||||
Hispanic or Latino, any race | 49% | 0% | -3% | 0% | 0% |
White, non-Hispanic | 40% | 0% | -2% | 0% | 0% |
Black or African American, non-Hispanic | 45% | 0% | -3% | 0% | 0% |
All other races, non-Hispanic | 39% | 0% | -2% | 0% | 0% |
Country of birth | |||||
United States | 41% | 0% | -3% | 0% | 0% |
Other countries | 44% | 0% | -3% | 0% | 0% |
Age | |||||
60–69 | 60% | 0% | -4% | -1% | 0% |
70–79 | 56% | 0% | -3% | -1% | 0% |
80–89 | 16% | 0% | -1% | 0% | 0% |
90 or older | 1% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 49% | 0% | -3% | 0% | 0% |
Divorced | 40% | 0% | -3% | 0% | 0% |
Widowed | 18% | 0% | -1% | 0% | 0% |
Never married | 50% | 0% | -4% | 0% | 0% |
Highest education level | |||||
Graduate | 33% | 0% | -2% | 0% | 0% |
Bachelor | 37% | 0% | -2% | 0% | 0% |
Associate | 45% | 0% | -3% | 0% | 0% |
High school | 44% | 0% | -3% | 0% | 0% |
Less than high school | 53% | 0% | -4% | -1% | 0% |
Current-law poverty status | |||||
Above poverty | 41% | 0% | -2% | 0% | 0% |
In poverty | 58% | 0% | -5% | -1% | 0% |
Current-law household income quintile | |||||
Highest | 14% | 0% | -1% | 0% | 0% |
Second highest | 38% | 0% | -1% | 0% | 0% |
Middle | 50% | 0% | -2% | 0% | 0% |
Second lowest | 54% | 0% | -3% | -1% | 0% |
Lowest | 53% | 0% | -4% | -1% | 0% |
Current-law benefit type | |||||
Retired worker only | 49% | 0% | -3% | 0% | 0% |
Widow(er) (includes dually entitled) | 12% | 0% | -1% | 0% | 0% |
Spousal (includes dually entitled) | 50% | 0% | -3% | -1% | 0% |
Disabled worker only | 10% | 0% | -1% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 70% | 0% | -7% | -2% | 0% |
Sex | |||||
Female | 68% | 0% | -7% | -2% | 0% |
Male | 72% | 0% | -7% | -2% | 0% |
Race and ethnicity | |||||
Hispanic or Latino, any race | 71% | 0% | -8% | -2% | 0% |
White, non-Hispanic | 70% | 0% | -6% | -2% | 0% |
Black or African American, non-Hispanic | 65% | 0% | -8% | -2% | 0% |
All other races, non-Hispanic | 67% | 0% | -7% | -1% | 0% |
Country of birth | |||||
United States | 70% | 0% | -7% | -2% | 0% |
Other countries | 68% | 0% | -7% | -2% | 0% |
Age | |||||
60–69 | 71% | 0% | -10% | -2% | 0% |
70–79 | 74% | 0% | -7% | -2% | 0% |
80–89 | 68% | 0% | -5% | -1% | 0% |
90 or older | 54% | 0% | -3% | -1% | 0% |
Marital status | |||||
Married | 80% | 0% | -7% | -2% | 0% |
Divorced | 64% | 0% | -7% | -1% | 0% |
Widowed | 49% | 0% | -5% | 0% | 0% |
Never married | 68% | 0% | -8% | -2% | 0% |
Highest education level | |||||
Graduate | 66% | 0% | -6% | -1% | 0% |
Bachelor | 68% | 0% | -6% | -1% | 0% |
Associate | 73% | 0% | -7% | -2% | 0% |
High school | 71% | 0% | -7% | -2% | 0% |
Less than high school | 69% | 0% | -8% | -2% | 0% |
Current-law poverty status | |||||
Above poverty | 70% | 0% | -7% | -2% | 0% |
In poverty | 72% | 0% | -10% | -5% | 0% |
Current-law household income quintile | |||||
Highest | 46% | 0% | -2% | 0% | 0% |
Second highest | 75% | 0% | -4% | -1% | 0% |
Middle | 80% | 0% | -6% | -2% | 0% |
Second lowest | 77% | 0% | -7% | -3% | 0% |
Lowest | 71% | 0% | -9% | -4% | 0% |
Current-law benefit type | |||||
Retired worker only | 77% | 0% | -7% | -2% | 0% |
Widow(er) (includes dually entitled) | 39% | 0% | -3% | 0% | 0% |
Spousal (includes dually entitled) | 81% | 0% | -7% | -2% | 0% |
Disabled worker only | 14% | 0% | -2% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||
NOTES: Start date = 2024.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Under current law | With proposal | Under current law | With proposal | Change | ||
Total | 5% | 5% | 3,465 | 3,478 | 12 | 0% |
Sex | ||||||
Female | 5% | 5% | 1,958 | 1,966 | 7 | 0% |
Male | 5% | 5% | 1,507 | 1,512 | 5 | 0% |
Race and ethnicity | ||||||
Hispanic or Latino, any race | 8% | 8% | 672 | 672 | 0 | 0% |
White, non-Hispanic | 4% | 4% | 1,943 | 1,955 | 11 | 0% |
Black or African American, non-Hispanic | 8% | 8% | 577 | 578 | 1 | 0% |
All other races, non-Hispanic | 7% | 7% | 273 | 273 | 0 | 0% |
Country of birth | ||||||
United States | 4% | 4% | 2,486 | 2,498 | 12 | 0% |
Other countries | 9% | 9% | 979 | 979 | 0 | 0% |
Age | ||||||
60–69 | 7% | 7% | 1,655 | 1,668 | 12 | 0% |
70–79 | 4% | 4% | 1,346 | 1,346 | 0 | 0% |
80–89 | 3% | 3% | 417 | 417 | 0 | 0% |
90 or older | 2% | 2% | 46 | 46 | 0 | 0% |
Marital status | ||||||
Married | 2% | 2% | 646 | 647 | 1 | 0% |
Divorced | 9% | 9% | 1,175 | 1,178 | 2 | 0% |
Widowed | 6% | 6% | 813 | 818 | 4 | 0% |
Never married | 16% | 16% | 832 | 836 | 4 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 91 | 91 | 0 | 0% |
Bachelor | 2% | 2% | 322 | 322 | 0 | 0% |
Associate | 4% | 4% | 694 | 702 | 7 | 1% |
High school | 6% | 6% | 1,593 | 1,597 | 4 | 0% |
Less than high school | 13% | 13% | 765 | 766 | 1 | 0% |
Current-law benefit type | ||||||
Retired worker only | 5% | 5% | 2,355 | 2,368 | 12 | 0% |
Widow(er) (includes dually entitled) | 6% | 6% | 664 | 664 | 0 | 0% |
Spousal (includes dually entitled) | 3% | 3% | 189 | 189 | 0 | 0% |
Disabled worker only | 9% | 9% | 257 | 257 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | ||||||
NOTES: Start date = 2024.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Under current law | With proposal | Under current law | With proposal | Change | ||
Total | 5% | 5% | 3,782 | 4,025 | 242 | 6% |
Sex | ||||||
Female | 5% | 5% | 2,099 | 2,240 | 140 | 6% |
Male | 4% | 5% | 1,683 | 1,785 | 102 | 6% |
Race and ethnicity | ||||||
Hispanic or Latino, any race | 7% | 7% | 1,058 | 1,122 | 63 | 6% |
White, non-Hispanic | 3% | 4% | 1,741 | 1,851 | 109 | 6% |
Black or African American, non-Hispanic | 7% | 8% | 657 | 700 | 43 | 6% |
All other races, non-Hispanic | 5% | 5% | 326 | 352 | 26 | 8% |
Country of birth | ||||||
United States | 4% | 4% | 2,511 | 2,693 | 182 | 7% |
Other countries | 7% | 7% | 1,271 | 1,332 | 60 | 4% |
Age | ||||||
60–69 | 6% | 7% | 1,402 | 1,517 | 115 | 8% |
70–79 | 4% | 5% | 1,337 | 1,429 | 92 | 6% |
80–89 | 4% | 4% | 873 | 908 | 35 | 4% |
90 or older | 2% | 2% | 170 | 170 | 0 | 0% |
Marital status | ||||||
Married | 2% | 2% | 711 | 766 | 54 | 7% |
Divorced | 7% | 7% | 1,070 | 1,153 | 83 | 7% |
Widowed | 5% | 6% | 817 | 858 | 41 | 5% |
Never married | 12% | 13% | 1,183 | 1,248 | 64 | 5% |
Highest education level | ||||||
Graduate | 1% | 2% | 169 | 179 | 9 | 5% |
Bachelor | 2% | 2% | 344 | 368 | 24 | 7% |
Associate | 3% | 4% | 630 | 706 | 75 | 12% |
High school | 6% | 7% | 1,694 | 1,791 | 97 | 5% |
Less than high school | 12% | 13% | 944 | 980 | 35 | 3% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 243 | 242 | . . . |
In poverty | 100% | 100% | 3,782 | 3,782 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 5% | 5% | 2,839 | 3,041 | 201 | 7% |
Widow(er) (includes dually entitled) | 4% | 4% | 508 | 528 | 19 | 3% |
Spousal (includes dually entitled) | 3% | 4% | 218 | 238 | 20 | 9% |
Disabled worker only | 7% | 7% | 216 | 217 | 1 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | ||||||
NOTES: Start date = 2024.
. . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Under current law | With proposal | Under current law | With proposal | Change | ||
Total | 3% | 4% | 2,822 | 3,398 | 575 | 20% |
Sex | ||||||
Female | 3% | 4% | 1,527 | 1,766 | 239 | 15% |
Male | 3% | 4% | 1,296 | 1,632 | 336 | 25% |
Race and ethnicity | ||||||
Hispanic or Latino, any race | 4% | 5% | 963 | 1,141 | 177 | 18% |
White, non-Hispanic | 2% | 3% | 1,125 | 1,377 | 252 | 22% |
Black or African American, non-Hispanic | 5% | 5% | 426 | 500 | 74 | 17% |
All other races, non-Hispanic | 3% | 4% | 309 | 379 | 70 | 22% |
Country of birth | ||||||
United States | 2% | 3% | 1,770 | 2,190 | 420 | 23% |
Other countries | 5% | 6% | 1,052 | 1,207 | 154 | 14% |
Age | ||||||
60–69 | 4% | 5% | 945 | 1,169 | 224 | 23% |
70–79 | 3% | 4% | 1,057 | 1,293 | 236 | 22% |
80–89 | 3% | 3% | 628 | 724 | 96 | 15% |
90 or older | 2% | 2% | 192 | 211 | 18 | 9% |
Marital status | ||||||
Married | 1% | 1% | 470 | 577 | 107 | 22% |
Divorced | 4% | 5% | 687 | 836 | 148 | 21% |
Widowed | 3% | 4% | 486 | 549 | 62 | 12% |
Never married | 7% | 9% | 1,179 | 1,436 | 256 | 21% |
Highest education level | ||||||
Graduate | 1% | 1% | 156 | 208 | 51 | 32% |
Bachelor | 1% | 1% | 216 | 261 | 44 | 20% |
Associate | 2% | 3% | 460 | 557 | 96 | 21% |
High school | 4% | 5% | 1,229 | 1,485 | 256 | 20% |
Less than high school | 8% | 9% | 761 | 887 | 126 | 16% |
Current-law poverty status | ||||||
Above poverty | 0% | 1% | 0 | 579 | 578 | . . . |
In poverty | 100% | 100% | 2,822 | 2,819 | -3 | 0% |
Current-law benefit type | ||||||
Retired worker only | 3% | 4% | 2,197 | 2,740 | 542 | 24% |
Widow(er) (includes dually entitled) | 3% | 3% | 314 | 329 | 15 | 4% |
Spousal (includes dually entitled) | 2% | 3% | 156 | 173 | 17 | 11% |
Disabled worker only | 4% | 4% | 156 | 156 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | ||||||
NOTES: Start date = 2024.
. . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio under current law at the— | Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 28% | 0% | -1% | 0% | 0% | 6% | 145% | 450% | 6% | 144% | 448% |
Sex | |||||||||||
Female | 24% | 0% | -1% | 0% | 0% | 26% | 182% | 644% | 26% | 181% | 643% |
Male | 31% | 0% | -1% | 0% | 0% | 0% | 119% | 266% | 0% | 118% | 264% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 29% | 0% | -1% | 0% | 0% | 0% | 162% | 569% | 0% | 160% | 569% |
White, non-Hispanic | 28% | 0% | -1% | 0% | 0% | 15% | 140% | 406% | 15% | 140% | 404% |
Black or African American, non-Hispanic | 24% | 0% | -1% | 0% | 0% | 0% | 149% | 473% | 0% | 148% | 473% |
All other races, non-Hispanic | 29% | 0% | -1% | 0% | 0% | 0% | 146% | 508% | 0% | 145% | 505% |
Country of birth | |||||||||||
United States | 27% | 0% | -1% | 0% | 0% | 12% | 141% | 416% | 12% | 140% | 415% |
Other countries | 30% | 0% | -1% | 0% | 0% | 0% | 164% | 599% | 0% | 162% | 597% |
Highest education level | |||||||||||
Graduate | 36% | 0% | -1% | 0% | 0% | 23% | 125% | 264% | 23% | 124% | 263% |
Bachelor | 34% | 0% | -1% | 0% | 0% | 22% | 137% | 362% | 22% | 136% | 359% |
Associate | 27% | 0% | -1% | 0% | 0% | 12% | 146% | 393% | 12% | 145% | 393% |
High school | 24% | 0% | -1% | 0% | 0% | 0% | 153% | 519% | 0% | 152% | 518% |
Less than high school | 21% | 0% | -1% | 0% | 0% | 0% | 161% | 803% | 0% | 160% | 803% |
Current-law initial AIME quintile | |||||||||||
Highest | 48% | 0% | -2% | 0% | 0% | 39% | 108% | 157% | 39% | 107% | 156% |
Second highest | 33% | 0% | -1% | 0% | 0% | 24% | 134% | 201% | 24% | 133% | 200% |
Middle | 24% | 0% | -1% | 0% | 0% | 14% | 160% | 270% | 14% | 159% | 269% |
Second lowest | 21% | 0% | -1% | 0% | 0% | 23% | 228% | 504% | 22% | 227% | 504% |
Lowest | 12% | 0% | -1% | 0% | 0% | 0% | 254% | 1,561% | 0% | 252% | 1,561% |
Lifetime payroll tax quintile | |||||||||||
Highest | 46% | 0% | -2% | 0% | 0% | 47% | 108% | 152% | 46% | 108% | 151% |
Second highest | 33% | 0% | -1% | 0% | 0% | 25% | 136% | 202% | 25% | 135% | 201% |
Middle | 25% | 0% | -1% | 0% | 0% | 15% | 161% | 267% | 15% | 160% | 266% |
Second lowest | 21% | 0% | -1% | 0% | 0% | 18% | 218% | 454% | 18% | 217% | 450% |
Lowest | 13% | 0% | -1% | 0% | 0% | 0% | 308% | 1,585% | 0% | 306% | 1,581% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 46% | 0% | -1% | 0% | 0% | 56% | 115% | 194% | 55% | 115% | 193% |
Second highest | 31% | 0% | -1% | 0% | 0% | 36% | 139% | 269% | 36% | 138% | 269% |
Middle | 24% | 0% | -1% | 0% | 0% | 19% | 160% | 363% | 19% | 159% | 363% |
Second lowest | 23% | 0% | -1% | 0% | 0% | 6% | 185% | 516% | 6% | 184% | 514% |
Lowest | 14% | 0% | -1% | 0% | 0% | 0% | 205% | 1,138% | 0% | 204% | 1,138% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio under current law at the— | Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 68% | 0% | -7% | -5% | 0% | 0% | 129% | 404% | 0% | 122% | 394% |
Sex | |||||||||||
Female | 69% | 0% | -7% | -5% | 0% | 0% | 156% | 570% | 0% | 148% | 557% |
Male | 67% | 0% | -7% | -5% | 0% | 0% | 110% | 275% | 0% | 104% | 266% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 61% | 0% | -7% | -5% | 0% | 0% | 133% | 447% | 0% | 126% | 440% |
White, non-Hispanic | 73% | 0% | -7% | -5% | 0% | 11% | 130% | 403% | 10% | 123% | 393% |
Black or African American, non-Hispanic | 59% | 0% | -7% | -5% | 0% | 0% | 130% | 355% | 0% | 122% | 346% |
All other races, non-Hispanic | 65% | 0% | -7% | -5% | 0% | 0% | 104% | 383% | 0% | 98% | 367% |
Country of birth | |||||||||||
United States | 71% | 0% | -7% | -5% | 0% | 6% | 130% | 369% | 6% | 123% | 358% |
Other countries | 58% | 0% | -7% | -5% | 0% | 0% | 125% | 602% | 0% | 118% | 582% |
Highest education level | |||||||||||
Graduate | 81% | 0% | -7% | -5% | 0% | 17% | 113% | 278% | 16% | 106% | 271% |
Bachelor | 77% | 0% | -7% | -5% | 0% | 5% | 117% | 311% | 5% | 111% | 302% |
Associate | 69% | 0% | -7% | -5% | 0% | 0% | 133% | 348% | 0% | 126% | 342% |
High school | 62% | 0% | -7% | -5% | 0% | 0% | 143% | 533% | 0% | 136% | 524% |
Less than high school | 55% | 0% | -7% | -5% | 0% | 0% | 133% | 627% | 0% | 126% | 616% |
Current-law initial AIME quintile | |||||||||||
Highest | 92% | 0% | -8% | -6% | -3% | 40% | 96% | 138% | 37% | 90% | 130% |
Second highest | 81% | 0% | -7% | -5% | 0% | 31% | 128% | 192% | 30% | 121% | 185% |
Middle | 71% | 0% | -7% | -5% | 0% | 26% | 157% | 271% | 25% | 149% | 265% |
Second lowest | 62% | 0% | -7% | -5% | 0% | 0% | 220% | 568% | 0% | 209% | 559% |
Lowest | 34% | 0% | -7% | -2% | 0% | 0% | 121% | 2,087% | 0% | 116% | 2,015% |
Lifetime payroll tax quintile | |||||||||||
Highest | 93% | 0% | -8% | -6% | -3% | 42% | 96% | 137% | 39% | 90% | 130% |
Second highest | 81% | 0% | -7% | -5% | 0% | 39% | 129% | 194% | 36% | 122% | 187% |
Middle | 71% | 0% | -7% | -5% | 0% | 24% | 159% | 274% | 23% | 150% | 267% |
Second lowest | 62% | 0% | -7% | -4% | 0% | 0% | 215% | 505% | 0% | 205% | 495% |
Lowest | 33% | 0% | -7% | -2% | 0% | 0% | 95% | 2,194% | 0% | 90% | 2,137% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 93% | 0% | -8% | -6% | -3% | 46% | 99% | 163% | 43% | 93% | 155% |
Second highest | 82% | 0% | -7% | -5% | 0% | 44% | 131% | 267% | 41% | 124% | 258% |
Middle | 73% | 0% | -7% | -5% | 0% | 35% | 158% | 359% | 34% | 149% | 350% |
Second lowest | 61% | 0% | -7% | -5% | 0% | 0% | 188% | 575% | 0% | 180% | 566% |
Lowest | 31% | 0% | -7% | -3% | 0% | 0% | 38% | 1,049% | 0% | 35% | 1,035% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio under current law at the— | Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 69% | 0% | -12% | -10% | 0% | 0% | 120% | 357% | 0% | 108% | 343% |
Sex | |||||||||||
Female | 71% | 0% | -12% | -10% | 0% | 5% | 145% | 519% | 5% | 131% | 495% |
Male | 67% | 0% | -12% | -11% | 0% | 0% | 103% | 246% | 0% | 92% | 234% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 64% | 0% | -12% | -10% | 0% | 0% | 125% | 401% | 0% | 113% | 388% |
White, non-Hispanic | 75% | 0% | -12% | -10% | 0% | 17% | 120% | 343% | 15% | 108% | 324% |
Black or African American, non-Hispanic | 57% | 0% | -12% | -10% | 0% | 0% | 118% | 333% | 0% | 107% | 326% |
All other races, non-Hispanic | 72% | 0% | -13% | -11% | 0% | 0% | 105% | 349% | 0% | 94% | 318% |
Country of birth | |||||||||||
United States | 72% | 0% | -12% | -10% | 0% | 9% | 120% | 319% | 8% | 108% | 307% |
Other countries | 62% | 0% | -12% | -10% | 0% | 0% | 121% | 565% | 0% | 109% | 542% |
Highest education level | |||||||||||
Graduate | 83% | 0% | -12% | -10% | 0% | 21% | 109% | 259% | 19% | 98% | 241% |
Bachelor | 80% | 0% | -13% | -10% | 0% | 13% | 110% | 278% | 10% | 98% | 258% |
Associate | 69% | 0% | -12% | -10% | 0% | 0% | 124% | 318% | 0% | 111% | 304% |
High school | 62% | 0% | -12% | -10% | 0% | 0% | 129% | 441% | 0% | 117% | 428% |
Less than high school | 58% | 0% | -12% | -10% | 0% | 0% | 125% | 594% | 0% | 112% | 582% |
Current-law initial AIME quintile | |||||||||||
Highest | 93% | 0% | -13% | -11% | -6% | 40% | 88% | 127% | 34% | 79% | 114% |
Second highest | 81% | 0% | -12% | -11% | 0% | 34% | 118% | 177% | 30% | 106% | 166% |
Middle | 71% | 0% | -12% | -10% | 0% | 30% | 144% | 246% | 27% | 130% | 239% |
Second lowest | 64% | 0% | -12% | -9% | 0% | 9% | 196% | 466% | 8% | 178% | 455% |
Lowest | 38% | 0% | -12% | -5% | 0% | 0% | 123% | 1,729% | 0% | 113% | 1,667% |
Lifetime payroll tax quintile | |||||||||||
Highest | 94% | 0% | -13% | -11% | -7% | 43% | 89% | 127% | 38% | 79% | 115% |
Second highest | 81% | 0% | -12% | -11% | 0% | 38% | 119% | 179% | 34% | 107% | 168% |
Middle | 71% | 0% | -12% | -10% | 0% | 27% | 144% | 249% | 25% | 129% | 241% |
Second lowest | 65% | 0% | -12% | -9% | 0% | 13% | 192% | 442% | 12% | 174% | 428% |
Lowest | 37% | 0% | -12% | -5% | 0% | 0% | 125% | 1,771% | 0% | 111% | 1,711% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 94% | 0% | -13% | -11% | -5% | 45% | 91% | 145% | 40% | 81% | 134% |
Second highest | 83% | 0% | -12% | -10% | 0% | 46% | 122% | 227% | 41% | 109% | 214% |
Middle | 73% | 0% | -12% | -10% | 0% | 31% | 140% | 302% | 29% | 126% | 295% |
Second lowest | 62% | 0% | -12% | -9% | 0% | 11% | 172% | 532% | 10% | 157% | 518% |
Lowest | 35% | 0% | -12% | -6% | 0% | 0% | 80% | 996% | 0% | 73% | 974% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio under current law at the— | Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 70% | 0% | -17% | -15% | 0% | 0% | 125% | 366% | 0% | 107% | 344% |
Sex | |||||||||||
Female | 72% | 0% | -17% | -14% | 0% | 1% | 149% | 531% | 1% | 130% | 498% |
Male | 68% | 0% | -18% | -15% | 0% | 0% | 107% | 252% | 0% | 91% | 235% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 65% | 0% | -17% | -15% | 0% | 0% | 129% | 400% | 0% | 111% | 383% |
White, non-Hispanic | 75% | 0% | -18% | -15% | 0% | 21% | 126% | 363% | 17% | 108% | 338% |
Black or African American, non-Hispanic | 60% | 0% | -17% | -15% | 0% | 0% | 121% | 306% | 0% | 104% | 295% |
All other races, non-Hispanic | 73% | 0% | -18% | -15% | 0% | 0% | 113% | 335% | 0% | 96% | 302% |
Country of birth | |||||||||||
United States | 72% | 0% | -17% | -15% | 0% | 11% | 125% | 324% | 9% | 107% | 307% |
Other countries | 63% | 0% | -18% | -15% | 0% | 0% | 123% | 516% | 0% | 105% | 487% |
Highest education level | |||||||||||
Graduate | 82% | 0% | -18% | -15% | 0% | 30% | 116% | 286% | 24% | 99% | 255% |
Bachelor | 80% | 0% | -18% | -15% | 0% | 9% | 115% | 300% | 7% | 98% | 268% |
Associate | 67% | 0% | -17% | -15% | 0% | 0% | 129% | 325% | 0% | 111% | 308% |
High school | 64% | 0% | -17% | -15% | 0% | 0% | 133% | 439% | 0% | 114% | 417% |
Less than high school | 59% | 0% | -18% | -15% | 0% | 0% | 129% | 578% | 0% | 111% | 540% |
Current-law initial AIME quintile | |||||||||||
Highest | 93% | 0% | -18% | -16% | -9% | 45% | 95% | 133% | 37% | 81% | 115% |
Second highest | 82% | 0% | -18% | -16% | 0% | 43% | 124% | 181% | 36% | 105% | 164% |
Middle | 70% | 0% | -17% | -15% | 0% | 23% | 149% | 251% | 20% | 128% | 239% |
Second lowest | 64% | 0% | -17% | -13% | 0% | 0% | 208% | 500% | 0% | 182% | 481% |
Lowest | 39% | 0% | -17% | -8% | 0% | 0% | 123% | 1,555% | 0% | 106% | 1,447% |
Lifetime payroll tax quintile | |||||||||||
Highest | 93% | 0% | -18% | -16% | -9% | 46% | 95% | 133% | 38% | 81% | 115% |
Second highest | 81% | 0% | -18% | -16% | 0% | 44% | 123% | 182% | 37% | 105% | 167% |
Middle | 71% | 0% | -17% | -15% | 0% | 30% | 149% | 254% | 26% | 129% | 241% |
Second lowest | 64% | 0% | -17% | -13% | 0% | 2% | 202% | 466% | 2% | 176% | 446% |
Lowest | 39% | 0% | -17% | -8% | 0% | 0% | 124% | 1,589% | 0% | 107% | 1,474% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 93% | 0% | -18% | -15% | -8% | 50% | 98% | 152% | 42% | 83% | 136% |
Second highest | 84% | 0% | -18% | -15% | 0% | 46% | 125% | 235% | 38% | 106% | 218% |
Middle | 73% | 0% | -17% | -15% | 0% | 36% | 146% | 316% | 31% | 126% | 301% |
Second lowest | 63% | 0% | -17% | -13% | 0% | 8% | 183% | 543% | 7% | 159% | 518% |
Lowest | 35% | 0% | -17% | -12% | 0% | 0% | 73% | 797% | 0% | 62% | 775% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate under current law at the— | Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 37% | 0% | -1% | 0% | 0% | 24% | 46% | 80% | 23% | 46% | 80% |
Sex | |||||||||||
Female | 35% | 0% | -1% | 0% | 0% | 28% | 52% | 90% | 27% | 51% | 90% |
Male | 39% | 0% | -1% | 0% | 0% | 22% | 42% | 66% | 22% | 41% | 65% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 41% | 0% | -1% | 0% | 0% | 27% | 51% | 86% | 27% | 51% | 85% |
White, non-Hispanic | 37% | 0% | -1% | 0% | 0% | 23% | 44% | 76% | 22% | 44% | 76% |
Black or African American, non-Hispanic | 32% | 0% | -1% | 0% | 0% | 27% | 50% | 86% | 27% | 50% | 86% |
All other races, non-Hispanic | 40% | 0% | -1% | 0% | 0% | 26% | 48% | 90% | 26% | 48% | 89% |
Country of birth | |||||||||||
United States | 36% | 0% | -1% | 0% | 0% | 23% | 44% | 76% | 23% | 44% | 76% |
Other countries | 41% | 0% | -1% | 0% | 0% | 29% | 53% | 90% | 28% | 53% | 90% |
Highest education level | |||||||||||
Graduate | 44% | 0% | -2% | 0% | 0% | 21% | 42% | 72% | 21% | 41% | 72% |
Bachelor | 43% | 0% | -1% | 0% | 0% | 22% | 42% | 76% | 21% | 42% | 75% |
Associate | 36% | 0% | -1% | 0% | 0% | 24% | 45% | 76% | 23% | 45% | 75% |
High school | 33% | 0% | -1% | 0% | 0% | 26% | 48% | 83% | 26% | 48% | 82% |
Less than high school | 34% | 0% | -1% | 0% | 0% | 32% | 57% | 90% | 32% | 56% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 56% | 0% | -2% | -1% | 0% | 16% | 31% | 47% | 16% | 30% | 47% |
Second highest | 40% | 0% | -1% | 0% | 0% | 23% | 38% | 56% | 23% | 38% | 55% |
Middle | 35% | 0% | -1% | 0% | 0% | 28% | 44% | 64% | 27% | 43% | 64% |
Second lowest | 29% | 0% | -1% | 0% | 0% | 38% | 51% | 79% | 38% | 51% | 79% |
Lowest | 25% | 0% | -1% | 0% | 0% | 53% | 70% | 120% | 53% | 69% | 119% |
Lifetime payroll tax quintile | |||||||||||
Highest | 54% | 0% | -2% | -1% | 0% | 15% | 34% | 50% | 15% | 33% | 50% |
Second highest | 40% | 0% | -1% | 0% | 0% | 22% | 37% | 57% | 22% | 37% | 57% |
Middle | 34% | 0% | -1% | 0% | 0% | 30% | 43% | 66% | 30% | 43% | 65% |
Second lowest | 31% | 0% | -1% | 0% | 0% | 37% | 51% | 81% | 37% | 51% | 80% |
Lowest | 26% | 0% | -1% | 0% | 0% | 51% | 68% | 112% | 51% | 68% | 111% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 55% | 0% | -2% | -1% | 0% | 17% | 36% | 54% | 16% | 36% | 53% |
Second highest | 40% | 0% | -1% | 0% | 0% | 21% | 38% | 63% | 21% | 37% | 63% |
Middle | 33% | 0% | -1% | 0% | 0% | 27% | 43% | 70% | 27% | 43% | 70% |
Second lowest | 32% | 0% | -1% | 0% | 0% | 33% | 50% | 86% | 33% | 49% | 85% |
Lowest | 26% | 0% | -1% | 0% | 0% | 45% | 63% | 90% | 44% | 63% | 90% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate under current law at the— | Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 80% | 0% | -16% | -6% | 0% | 24% | 47% | 82% | 17% | 43% | 77% |
Sex | |||||||||||
Female | 79% | 0% | -17% | -6% | 0% | 27% | 52% | 90% | 20% | 48% | 87% |
Male | 81% | 0% | -16% | -6% | 0% | 22% | 43% | 71% | 16% | 39% | 67% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 78% | 0% | -7% | -6% | 0% | 28% | 52% | 90% | 23% | 49% | 86% |
White, non-Hispanic | 81% | 0% | -20% | -6% | 0% | 23% | 45% | 78% | 15% | 41% | 74% |
Black or African American, non-Hispanic | 72% | 0% | -8% | -5% | 0% | 26% | 51% | 85% | 22% | 49% | 80% |
All other races, non-Hispanic | 88% | 0% | -37% | -6% | 0% | 22% | 45% | 81% | 10% | 41% | 75% |
Country of birth | |||||||||||
United States | 80% | 0% | -17% | -6% | 0% | 23% | 46% | 78% | 17% | 42% | 74% |
Other countries | 82% | 0% | -8% | -6% | 0% | 26% | 53% | 90% | 20% | 50% | 90% |
Highest education level | |||||||||||
Graduate | 89% | 0% | -100% | -6% | 0% | 21% | 41% | 74% | 0% | 34% | 67% |
Bachelor | 88% | 0% | -30% | -6% | 0% | 21% | 42% | 79% | 10% | 37% | 73% |
Associate | 78% | 0% | -8% | -6% | 0% | 24% | 46% | 74% | 21% | 43% | 71% |
High school | 74% | 0% | -7% | -5% | 0% | 28% | 50% | 87% | 24% | 48% | 83% |
Less than high school | 76% | 0% | -7% | -5% | 0% | 31% | 56% | 90% | 28% | 53% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 95% | 0% | -92% | -6% | -5% | 15% | 31% | 46% | 2% | 24% | 41% |
Second highest | 86% | 0% | -21% | -6% | 0% | 23% | 38% | 56% | 17% | 34% | 50% |
Middle | 80% | 0% | -8% | -6% | 0% | 30% | 45% | 65% | 25% | 42% | 59% |
Second lowest | 72% | 0% | -7% | -5% | 0% | 40% | 55% | 82% | 37% | 52% | 74% |
Lowest | 67% | 0% | -7% | -5% | 0% | 56% | 73% | 124% | 54% | 70% | 115% |
Lifetime payroll tax quintile | |||||||||||
Highest | 96% | 0% | -100% | -6% | -5% | 15% | 33% | 49% | 0% | 24% | 43% |
Second highest | 87% | 0% | -19% | -6% | 0% | 22% | 37% | 58% | 18% | 34% | 52% |
Middle | 80% | 0% | -8% | -6% | 0% | 30% | 45% | 67% | 25% | 42% | 61% |
Second lowest | 71% | 0% | -7% | -5% | 0% | 38% | 54% | 82% | 36% | 52% | 75% |
Lowest | 67% | 0% | -7% | -5% | 0% | 55% | 71% | 116% | 52% | 69% | 109% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 95% | 0% | -100% | -6% | -5% | 16% | 35% | 51% | 0% | 25% | 45% |
Second highest | 87% | 0% | -21% | -6% | 0% | 22% | 39% | 62% | 16% | 35% | 56% |
Middle | 80% | 0% | -8% | -6% | 0% | 28% | 45% | 72% | 24% | 43% | 66% |
Second lowest | 73% | 0% | -7% | -5% | 0% | 35% | 52% | 85% | 32% | 50% | 80% |
Lowest | 65% | 0% | -7% | -5% | 0% | 50% | 66% | 102% | 47% | 63% | 96% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate under current law at the— | Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 79% | 0% | -55% | -11% | 0% | 24% | 47% | 83% | 9% | 41% | 75% |
Sex | |||||||||||
Female | 79% | 0% | -70% | -11% | 0% | 28% | 52% | 90% | 6% | 45% | 85% |
Male | 79% | 0% | -41% | -11% | 0% | 22% | 43% | 72% | 10% | 37% | 65% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 76% | 0% | -25% | -11% | 0% | 27% | 50% | 89% | 20% | 45% | 82% |
White, non-Hispanic | 81% | 0% | -70% | -11% | 0% | 23% | 45% | 80% | 6% | 37% | 71% |
Black or African American, non-Hispanic | 67% | 0% | -29% | -11% | 0% | 29% | 53% | 84% | 17% | 48% | 78% |
All other races, non-Hispanic | 89% | 0% | -100% | -12% | 0% | 24% | 45% | 85% | 0% | 36% | 74% |
Country of birth | |||||||||||
United States | 79% | 0% | -55% | -11% | 0% | 24% | 46% | 80% | 9% | 40% | 72% |
Other countries | 82% | 0% | -71% | -11% | 0% | 27% | 53% | 90% | 6% | 46% | 88% |
Highest education level | |||||||||||
Graduate | 89% | 0% | -100% | -12% | 0% | 22% | 42% | 77% | 0% | 28% | 64% |
Bachelor | 87% | 0% | -100% | -12% | 0% | 21% | 42% | 81% | 0% | 32% | 69% |
Associate | 76% | 0% | -27% | -11% | 0% | 25% | 46% | 77% | 19% | 41% | 71% |
High school | 72% | 0% | -22% | -11% | 0% | 28% | 51% | 87% | 22% | 46% | 82% |
Less than high school | 75% | 0% | -13% | -11% | 0% | 31% | 55% | 90% | 26% | 51% | 88% |
Current-law initial AIME quintile | |||||||||||
Highest | 95% | 0% | -100% | -12% | -10% | 16% | 31% | 46% | 0% | 20% | 37% |
Second highest | 86% | 0% | -70% | -12% | 0% | 24% | 39% | 57% | 8% | 30% | 47% |
Middle | 79% | 0% | -30% | -11% | 0% | 31% | 45% | 65% | 20% | 39% | 55% |
Second lowest | 71% | 0% | -21% | -11% | 0% | 40% | 54% | 81% | 33% | 50% | 70% |
Lowest | 66% | 0% | -12% | -10% | 0% | 57% | 74% | 125% | 52% | 69% | 107% |
Lifetime payroll tax quintile | |||||||||||
Highest | 96% | 0% | -100% | -13% | -10% | 15% | 34% | 48% | 0% | 19% | 37% |
Second highest | 86% | 0% | -56% | -12% | 0% | 24% | 39% | 59% | 10% | 29% | 47% |
Middle | 78% | 0% | -29% | -11% | 0% | 31% | 45% | 67% | 21% | 40% | 56% |
Second lowest | 71% | 0% | -14% | -11% | 0% | 39% | 53% | 81% | 33% | 50% | 69% |
Lowest | 66% | 0% | -12% | -10% | 0% | 56% | 73% | 118% | 51% | 68% | 103% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 95% | 0% | -100% | -13% | -10% | 16% | 35% | 51% | 0% | 20% | 40% |
Second highest | 87% | 0% | -56% | -12% | 0% | 23% | 40% | 63% | 9% | 31% | 53% |
Middle | 80% | 0% | -28% | -11% | 0% | 29% | 45% | 72% | 20% | 40% | 61% |
Second lowest | 70% | 0% | -14% | -11% | 0% | 35% | 52% | 86% | 30% | 49% | 76% |
Lowest | 65% | 0% | -12% | -10% | 0% | 50% | 67% | 104% | 45% | 63% | 91% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate under current law at the— | Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 79% | 0% | -86% | -16% | 0% | 23% | 47% | 84% | 4% | 38% | 73% |
Sex | |||||||||||
Female | 79% | 0% | -100% | -16% | 0% | 28% | 53% | 90% | 0% | 42% | 83% |
Male | 80% | 0% | -72% | -16% | 0% | 22% | 43% | 72% | 6% | 34% | 62% |
Race and ethnicity | |||||||||||
Hispanic or Latino, any race | 77% | 0% | -37% | -16% | 0% | 26% | 50% | 88% | 15% | 43% | 78% |
White, non-Hispanic | 81% | 0% | -100% | -16% | 0% | 22% | 45% | 81% | 0% | 34% | 69% |
Black or African American, non-Hispanic | 70% | 0% | -50% | -16% | 0% | 27% | 52% | 84% | 11% | 44% | 75% |
All other races, non-Hispanic | 89% | 0% | -100% | -17% | 0% | 22% | 43% | 83% | 0% | 30% | 66% |
Country of birth | |||||||||||
United States | 78% | 0% | -72% | -16% | 0% | 23% | 46% | 80% | 5% | 37% | 70% |
Other countries | 82% | 0% | -100% | -16% | 0% | 26% | 52% | 90% | 0% | 41% | 83% |
Highest education level | |||||||||||
Graduate | 88% | 0% | -100% | -17% | 0% | 21% | 42% | 79% | 0% | 25% | 61% |
Bachelor | 88% | 0% | -100% | -17% | 0% | 21% | 42% | 82% | 0% | 27% | 65% |
Associate | 75% | 0% | -37% | -16% | 0% | 23% | 46% | 76% | 15% | 39% | 67% |
High school | 73% | 0% | -30% | -16% | 0% | 27% | 50% | 89% | 19% | 44% | 79% |
Less than high school | 76% | 0% | -24% | -16% | 0% | 31% | 56% | 90% | 24% | 49% | 89% |
Current-law initial AIME quintile | |||||||||||
Highest | 95% | 0% | -100% | -18% | -15% | 15% | 31% | 46% | 0% | 18% | 34% |
Second highest | 86% | 0% | -86% | -17% | 0% | 23% | 39% | 56% | 4% | 27% | 44% |
Middle | 78% | 0% | -44% | -16% | 0% | 31% | 45% | 65% | 17% | 36% | 52% |
Second lowest | 69% | 0% | -28% | -16% | 0% | 40% | 55% | 82% | 29% | 50% | 68% |
Lowest | 67% | 0% | -18% | -15% | 0% | 57% | 75% | 133% | 49% | 66% | 107% |
Lifetime payroll tax quintile | |||||||||||
Highest | 95% | 0% | -100% | -25% | -15% | 15% | 33% | 47% | 0% | 17% | 34% |
Second highest | 86% | 0% | -79% | -17% | 0% | 22% | 38% | 58% | 5% | 27% | 44% |
Middle | 77% | 0% | -43% | -16% | 0% | 31% | 45% | 66% | 18% | 37% | 52% |
Second lowest | 70% | 0% | -27% | -16% | 0% | 38% | 54% | 84% | 30% | 49% | 68% |
Lowest | 68% | 0% | -17% | -15% | 0% | 56% | 74% | 124% | 49% | 67% | 105% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 95% | 0% | -100% | -24% | -15% | 16% | 35% | 50% | 0% | 18% | 37% |
Second highest | 86% | 0% | -85% | -17% | 0% | 22% | 40% | 62% | 4% | 28% | 48% |
Middle | 79% | 0% | -50% | -16% | 0% | 27% | 45% | 72% | 14% | 36% | 57% |
Second lowest | 70% | 0% | -26% | -16% | 0% | 35% | 53% | 85% | 27% | 48% | 72% |
Lowest | 66% | 0% | -17% | -15% | 0% | 51% | 67% | 108% | 44% | 61% | 90% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.23. Run ID: NRA OACT1001v2 02/20/2024 | |||||||||||
NOTES: Start date = 2024.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
For projected effects on the Social Security trust funds, see the Actuary's provision C1.3.