Proposed Provision: E3.17. Beginning in 2025, increase the taxable maximum by twice the rate of increase in the national Average Wage Index, but never by less than 3 percent. Provide benefit credit for earnings up to the revised taxable maximum levels.

OASDI Cost Rates and Income Rates
(as a percentage of taxable payroll)

  Income Rates Cost Rates
Year Current Law Provision Current Law Provision
202313.313.314.514.5
202412.912.914.914.9
202513.013.115.015.0
202613.113.215.215.2
202713.113.315.415.4
202813.113.415.615.6
202913.213.515.715.7
203013.213.615.915.9
203113.213.716.016.0
203213.213.816.116.2
203313.213.916.316.3
203413.314.016.416.4
203513.314.016.516.5
203613.314.116.616.6
203713.314.116.616.7
203813.314.216.716.7
203913.314.216.716.8
204013.314.316.816.8
204113.314.316.816.9
204213.314.416.816.9
204313.314.416.816.9
204413.314.416.816.9
204513.314.516.916.9
204613.314.516.917.0
204713.314.516.917.0
204813.314.616.917.1
204913.314.617.017.1
205013.314.717.017.1
205113.314.717.017.2
205213.314.717.117.3
205313.314.817.117.3
205413.314.817.217.4
205513.314.817.217.5
205613.314.917.317.6
205713.414.917.417.7
205813.414.917.517.8
205913.415.017.517.9
206013.415.017.618.0
206113.415.017.718.1
206213.415.117.818.2
206313.415.117.818.3
206413.415.117.918.4
206513.415.217.918.4
206613.415.218.018.5
206713.415.218.118.6
206813.415.218.118.7
206913.415.318.218.8
207013.415.318.218.9
207113.415.318.319.0
207213.415.318.319.0
207313.415.418.419.1
207413.415.418.419.2
207513.415.418.519.2
207613.415.418.519.3
207713.415.518.519.3
207813.415.518.519.4
207913.415.518.519.4
208013.415.518.519.4
208113.415.518.419.3
208213.415.518.419.3
208313.415.618.319.3
208413.415.618.319.3
208513.415.618.219.2
208613.415.618.219.2
208713.415.618.119.1
208813.415.618.019.0
208913.415.618.019.0
209013.415.617.918.9
209113.415.617.818.9
209213.415.717.818.9
209313.415.717.818.9
209413.415.717.818.8
209513.415.717.718.8
209613.415.717.718.9
209713.415.717.818.9
209813.415.717.818.9
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