Detailed Single Year Tables
Description of Proposed Provision:
H9: Apply Federal income tax to all Social Security benefits for all beneficiaries with incomes above $100,000 for individual filers and $125,000 for joint filers, effective in 2028. These thresholds increase by CPI for years after 2028. Revenue from this provision would be credited to the Social Security trust funds.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.29 | 13.03 | -2.25 | 149 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.48 | 13.08 | -2.39 | 131 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.59 | 13.21 | -2.38 | 113 | 0.00 | 0.10 | 0.10 | ||
| 2029 | 15.69 | 13.24 | -2.45 | 96 | -0.00 | 0.10 | 0.10 | ||
| 2030 | 15.80 | 13.26 | -2.54 | 79 | -0.00 | 0.10 | 0.10 | ||
| 2031 | 15.91 | 13.29 | -2.62 | 62 | -0.00 | 0.11 | 0.11 | ||
| 2032 | 16.00 | 13.31 | -2.69 | 46 | -0.00 | 0.11 | 0.11 | ||
| 2033 | 16.07 | 13.36 | -2.71 | 29 | -0.00 | 0.11 | 0.11 | ||
| 2034 | 16.14 | 13.38 | -2.77 | 12 | -0.00 | 0.11 | 0.11 | ||
| 2035 | 16.23 | 13.39 | -2.84 | — | -0.00 | 0.12 | 0.12 | ||
| 2036 | 16.32 | 13.40 | -2.92 | — | -0.00 | 0.12 | 0.12 | ||
| 2037 | 16.41 | 13.41 | -3.00 | — | -0.00 | 0.12 | 0.12 | ||
| 2038 | 16.49 | 13.42 | -3.06 | — | -0.00 | 0.12 | 0.12 | ||
| 2039 | 16.55 | 13.43 | -3.12 | — | -0.00 | 0.12 | 0.12 | ||
| 2040 | 16.60 | 13.44 | -3.16 | — | -0.00 | 0.13 | 0.13 | ||
| 2041 | 16.64 | 13.45 | -3.20 | — | -0.00 | 0.13 | 0.13 | ||
| 2042 | 16.68 | 13.45 | -3.22 | — | -0.00 | 0.13 | 0.13 | ||
| 2043 | 16.71 | 13.46 | -3.25 | — | -0.00 | 0.13 | 0.13 | ||
| 2044 | 16.74 | 13.46 | -3.28 | — | -0.00 | 0.13 | 0.13 | ||
| 2045 | 16.77 | 13.47 | -3.30 | — | -0.00 | 0.13 | 0.13 | ||
| 2046 | 16.80 | 13.47 | -3.33 | — | -0.00 | 0.14 | 0.14 | ||
| 2047 | 16.84 | 13.48 | -3.36 | — | -0.00 | 0.14 | 0.14 | ||
| 2048 | 16.88 | 13.49 | -3.39 | — | -0.00 | 0.14 | 0.14 | ||
| 2049 | 16.92 | 13.49 | -3.43 | — | -0.00 | 0.14 | 0.14 | ||
| 2050 | 16.97 | 13.50 | -3.47 | — | -0.00 | 0.14 | 0.14 | ||
| 2051 | 17.02 | 13.51 | -3.51 | — | -0.00 | 0.15 | 0.15 | ||
| 2052 | 17.08 | 13.52 | -3.56 | — | -0.00 | 0.15 | 0.15 | ||
| 2053 | 17.14 | 13.52 | -3.62 | — | -0.00 | 0.15 | 0.15 | ||
| 2054 | 17.22 | 13.53 | -3.68 | — | -0.00 | 0.15 | 0.15 | ||
| 2055 | 17.30 | 13.54 | -3.76 | — | -0.00 | 0.16 | 0.16 | ||
| 2056 | 17.38 | 13.55 | -3.83 | — | -0.00 | 0.16 | 0.16 | ||
| 2057 | 17.48 | 13.56 | -3.91 | — | -0.00 | 0.16 | 0.16 | ||
| 2058 | 17.57 | 13.57 | -4.00 | — | -0.00 | 0.16 | 0.16 | ||
| 2059 | 17.66 | 13.58 | -4.08 | — | -0.00 | 0.17 | 0.17 | ||
| 2060 | 17.74 | 13.59 | -4.15 | — | -0.00 | 0.17 | 0.17 | ||
| 2061 | 17.82 | 13.60 | -4.22 | — | -0.00 | 0.17 | 0.17 | ||
| 2062 | 17.89 | 13.61 | -4.28 | — | -0.00 | 0.17 | 0.17 | ||
| 2063 | 17.96 | 13.62 | -4.34 | — | -0.00 | 0.18 | 0.18 | ||
| 2064 | 18.03 | 13.63 | -4.40 | — | -0.00 | 0.18 | 0.18 | ||
| 2065 | 18.10 | 13.63 | -4.46 | — | -0.00 | 0.18 | 0.18 | ||
| 2066 | 18.17 | 13.64 | -4.53 | — | -0.00 | 0.18 | 0.18 | ||
| 2067 | 18.24 | 13.65 | -4.59 | — | -0.00 | 0.19 | 0.19 | ||
| 2068 | 18.31 | 13.66 | -4.65 | — | -0.00 | 0.19 | 0.19 | ||
| 2069 | 18.38 | 13.67 | -4.71 | — | -0.00 | 0.19 | 0.19 | ||
| 2070 | 18.46 | 13.68 | -4.78 | — | -0.00 | 0.19 | 0.19 | ||
| 2071 | 18.53 | 13.68 | -4.84 | — | -0.00 | 0.19 | 0.20 | ||
| 2072 | 18.60 | 13.69 | -4.91 | — | -0.00 | 0.20 | 0.20 | ||
| 2073 | 18.67 | 13.70 | -4.97 | — | -0.00 | 0.20 | 0.20 | ||
| 2074 | 18.74 | 13.71 | -5.03 | — | -0.00 | 0.20 | 0.20 | ||
| 2075 | 18.80 | 13.72 | -5.08 | — | -0.00 | 0.20 | 0.21 | ||
| 2076 | 18.85 | 13.72 | -5.13 | — | -0.00 | 0.21 | 0.21 | ||
| 2077 | 18.89 | 13.73 | -5.16 | — | -0.00 | 0.21 | 0.21 | ||
| 2078 | 18.93 | 13.74 | -5.19 | — | -0.00 | 0.21 | 0.21 | ||
| 2079 | 18.94 | 13.74 | -5.21 | — | -0.00 | 0.21 | 0.21 | ||
| 2080 | 18.96 | 13.74 | -5.21 | — | -0.00 | 0.22 | 0.22 | ||
| 2081 | 18.96 | 13.75 | -5.21 | — | -0.00 | 0.22 | 0.22 | ||
| 2082 | 18.95 | 13.75 | -5.20 | — | -0.00 | 0.22 | 0.22 | ||
| 2083 | 18.93 | 13.75 | -5.18 | — | -0.00 | 0.22 | 0.22 | ||
| 2084 | 18.91 | 13.75 | -5.16 | — | -0.00 | 0.22 | 0.22 | ||
| 2085 | 18.87 | 13.75 | -5.12 | — | -0.00 | 0.22 | 0.22 | ||
| 2086 | 18.82 | 13.75 | -5.07 | — | -0.00 | 0.22 | 0.23 | ||
| 2087 | 18.76 | 13.75 | -5.02 | — | -0.00 | 0.23 | 0.23 | ||
| 2088 | 18.70 | 13.74 | -4.96 | — | -0.00 | 0.23 | 0.23 | ||
| 2089 | 18.64 | 13.74 | -4.90 | — | -0.00 | 0.23 | 0.23 | ||
| 2090 | 18.58 | 13.74 | -4.84 | — | -0.00 | 0.23 | 0.23 | ||
| 2091 | 18.52 | 13.73 | -4.78 | — | -0.00 | 0.23 | 0.23 | ||
| 2092 | 18.46 | 13.73 | -4.73 | — | -0.00 | 0.23 | 0.23 | ||
| 2093 | 18.42 | 13.73 | -4.69 | — | -0.00 | 0.23 | 0.23 | ||
| 2094 | 18.38 | 13.73 | -4.66 | — | -0.00 | 0.23 | 0.23 | ||
| 2095 | 18.36 | 13.73 | -4.63 | — | -0.00 | 0.23 | 0.23 | ||
| 2096 | 18.34 | 13.73 | -4.61 | — | -0.00 | 0.23 | 0.23 | ||
| 2097 | 18.33 | 13.73 | -4.60 | — | -0.00 | 0.23 | 0.24 | ||
| 2098 | 18.33 | 13.73 | -4.60 | — | -0.00 | 0.24 | 0.24 | ||
| 2099 | 18.34 | 13.73 | -4.60 | — | -0.00 | 0.24 | 0.24 | ||
| 2100 | 18.35 | 13.74 | -4.62 | — | -0.00 | 0.24 | 0.24 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2025-2099 | 17.61% | 13.95% | -3.66% | 2034 | -0.00% | 0.16% | 0.16% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.