Proposed Provision: F4. Expand covered earnings to include contributions to voluntary salary reduction plans (such as Cafeteria 125 plans and Flexible Spending Accounts). Starting in 2019, subject these contributions to the OASDI payroll tax, making the payroll tax treatment of these contributions like 401(k) contributions.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2018288288
2019272272
2020256259
2021239245
2022223231
2023206217
2024188202
2025171187
2026154172
2027137158
2028120143
2029104129
203086114
20316999
20325184
20333368
20341452
2035-535
2036-2518
2037-461
2038-67-17
2039-88-36
2040-110-55
2041-132-74
2042-154-93
2043-176-112
2044-199-132
2045-221-151
2046-244-171
2047-267-190
2048-289-210
2049-312-230
2050-335-249
2051-358-269
2052-381-289
2053-403-309
2054-426-329
2055-450-350
2056-473-370
2057-496-391
2058-520-412
2059-544-434
2060-569-456
2061-594-478
2062-619-501
2063-645-524
2064-671-548
2065-698-572
2066-725-596
2067-752-621
2068-780-647
2069-808-672
2070-837-699
2071-866-725
2072-896-753
2073-927-781
2074-958-809
2075-990-838
2076-1023-868
2077-1057-899
2078-1092-931
2079-1128-964
2080-1165-997
2081-1202-1031
2082-1240-1065
2083-1278-1099
2084-1316-1133
2085-1354-1168
2086-1392-1202
2087-1430-1236
2088-1468-1270
2089-1505-1304
2090-1543-1338
2091-1580-1372
2092-1618-1405
2093-1655-1439
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