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 2028. 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
2026151151
2027131131
2028111111
20299291
20307472
20315754
20324036
20332319
203472
2035-9-15
2036-25-32
2037-41-49
2038-58-67
2039-76-85
2040-94-104
2041-112-123
2042-132-143
2043-151-163
2044-171-184
2045-192-205
2046-213-226
2047-234-249
2048-256-271
2049-279-294
2050-301-317
2051-324-340
2052-347-364
2053-371-388
2054-395-412
2055-420-437
2056-445-462
2057-470-488
2058-496-514
2059-522-541
2060-550-568
2061-578-597
2062-607-626
2063-636-655
2064-666-686
2065-697-717
2066-729-749
2067-761-781
2068-794-814
2069-827-848
2070-861-882
2071-896-916
2072-931-952
2073-967-988
2074-1004-1025
2075-1042-1063
2076-1081-1103
2077-1121-1143
2078-1162-1184
2079-1204-1227
2080-1248-1271
2081-1292-1315
2082-1337-1361
2083-1384-1407
2084-1431-1455
2085-1480-1504
2086-1530-1554
2087-1581-1605
2088-1633-1658
2089-1686-1711
2090-1740-1766
2091-1795-1821
2092-1850-1876
2093-1906-1932
2094-1962-1989
2095-2019-2046
2096-2075-2103
2097-2132-2160
2098-2189-2217
2099-2246-2275
2100-2303-2332
2101-2359-2389
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