Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $306,900 for 2030. After 2030, 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 |
| 2025 | 169 | 169 |
| 2026 | 149 | 149 |
| 2027 | 131 | 131 |
| 2028 | 113 | 114 |
| 2029 | 95 | 99 |
| 2030 | 78 | 85 |
| 2031 | 60 | 72 |
| 2032 | 43 | 58 |
| 2033 | 26 | 45 |
| 2034 | 9 | 32 |
| 2035 | -9 | 18 |
| 2036 | -27 | 5 |
| 2037 | -45 | -9 |
| 2038 | -63 | -24 |
| 2039 | -83 | -38 |
| 2040 | -102 | -53 |
| 2041 | -122 | -69 |
| 2042 | -143 | -85 |
| 2043 | -164 | -101 |
| 2044 | -185 | -117 |
| 2045 | -206 | -134 |
| 2046 | -228 | -151 |
| 2047 | -250 | -168 |
| 2048 | -272 | -185 |
| 2049 | -295 | -202 |
| 2050 | -317 | -220 |
| 2051 | -340 | -237 |
| 2052 | -363 | -255 |
| 2053 | -386 | -273 |
| 2054 | -409 | -292 |
| 2055 | -433 | -310 |
| 2056 | -457 | -329 |
| 2057 | -481 | -348 |
| 2058 | -505 | -368 |
| 2059 | -530 | -388 |
| 2060 | -556 | -409 |
| 2061 | -582 | -430 |
| 2062 | -609 | -451 |
| 2063 | -636 | -474 |
| 2064 | -664 | -496 |
| 2065 | -692 | -519 |
| 2066 | -721 | -543 |
| 2067 | -750 | -567 |
| 2068 | -780 | -591 |
| 2069 | -810 | -615 |
| 2070 | -840 | -640 |
| 2071 | -871 | -666 |
| 2072 | -903 | -692 |
| 2073 | -935 | -718 |
| 2074 | -967 | -745 |
| 2075 | -1000 | -773 |
| 2076 | -1035 | -801 |
| 2077 | -1070 | -831 |
| 2078 | -1106 | -860 |
| 2079 | -1142 | -891 |
| 2080 | -1180 | -922 |
| 2081 | -1219 | -954 |
| 2082 | -1258 | -987 |
| 2083 | -1298 | -1020 |
| 2084 | -1338 | -1054 |
| 2085 | -1380 | -1088 |
| 2086 | -1423 | -1124 |
| 2087 | -1466 | -1159 |
| 2088 | -1510 | -1195 |
| 2089 | -1554 | -1232 |
| 2090 | -1599 | -1268 |
| 2091 | -1643 | -1305 |
| 2092 | -1687 | -1340 |
| 2093 | -1731 | -1376 |
| 2094 | -1774 | -1411 |
| 2095 | -1816 | -1446 |
| 2096 | -1858 | -1480 |
| 2097 | -1900 | -1514 |
| 2098 | -1941 | -1547 |
| 2099 | -1982 | -1580 |
| 2100 | -2022 | -1613 |
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