Proposed Provision: H4. Increase the threshold for taxation of OASDI benefits to $50,000 for single filers and $100,000 for joint filers starting in 2027. Taxation of benefits revenues transferred to the Hospital Insurance (HI) Trust Fund would be the same as if the current-law computation applied.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
Year |
Current Law |
Provision |
2025 | 169 | 169 |
2026 | 149 | 149 |
2027 | 131 | 131 |
2028 | 113 | 111 |
2029 | 95 | 92 |
2030 | 78 | 73 |
2031 | 60 | 55 |
2032 | 43 | 36 |
2033 | 26 | 17 |
2034 | 9 | -1 |
2035 | -9 | -20 |
2036 | -27 | -39 |
2037 | -45 | -58 |
2038 | -63 | -78 |
2039 | -83 | -99 |
2040 | -102 | -119 |
2041 | -122 | -141 |
2042 | -143 | -162 |
2043 | -164 | -184 |
2044 | -185 | -207 |
2045 | -206 | -229 |
2046 | -228 | -252 |
2047 | -250 | -275 |
2048 | -272 | -298 |
2049 | -295 | -321 |
2050 | -317 | -344 |
2051 | -340 | -368 |
2052 | -363 | -392 |
2053 | -386 | -415 |
2054 | -409 | -439 |
2055 | -433 | -464 |
2056 | -457 | -488 |
2057 | -481 | -513 |
2058 | -505 | -538 |
2059 | -530 | -563 |
2060 | -556 | -589 |
2061 | -582 | -616 |
2062 | -609 | -643 |
2063 | -636 | -671 |
2064 | -664 | -700 |
2065 | -692 | -728 |
2066 | -721 | -757 |
2067 | -750 | -787 |
2068 | -780 | -817 |
2069 | -810 | -848 |
2070 | -840 | -878 |
2071 | -871 | -910 |
2072 | -903 | -942 |
2073 | -935 | -974 |
2074 | -967 | -1007 |
2075 | -1000 | -1040 |
2076 | -1035 | -1075 |
2077 | -1070 | -1111 |
2078 | -1106 | -1147 |
2079 | -1142 | -1184 |
2080 | -1180 | -1222 |
2081 | -1219 | -1261 |
2082 | -1258 | -1301 |
2083 | -1298 | -1341 |
2084 | -1338 | -1383 |
2085 | -1380 | -1425 |
2086 | -1423 | -1468 |
2087 | -1466 | -1512 |
2088 | -1510 | -1557 |
2089 | -1554 | -1602 |
2090 | -1599 | -1647 |
2091 | -1643 | -1692 |
2092 | -1687 | -1736 |
2093 | -1731 | -1780 |
2094 | -1774 | -1824 |
2095 | -1816 | -1867 |
2096 | -1858 | -1909 |
2097 | -1900 | -1951 |
2098 | -1941 | -1993 |
2099 | -1982 | -2034 |
2100 | -2022 | -2075 |
back