Detailed Single Year Tables
Description of 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.
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 |
|||
| 2026 | 15.37 | 12.91 | -2.45 | 151 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.62 | 12.85 | -2.77 | 131 | 0.00 | 0.00 | 0.00 | ||
| 2028 | 15.70 | 12.84 | -2.86 | 111 | 0.00 | -0.17 | -0.17 | ||
| 2029 | 15.74 | 12.90 | -2.84 | 91 | 0.00 | -0.16 | -0.16 | ||
| 2030 | 15.74 | 12.92 | -2.82 | 72 | 0.00 | -0.16 | -0.16 | ||
| 2031 | 15.72 | 12.94 | -2.79 | 54 | 0.00 | -0.15 | -0.15 | ||
| 2032 | 15.72 | 12.95 | -2.77 | 36 | 0.00 | -0.14 | -0.14 | ||
| 2033 | 15.72 | 12.99 | -2.73 | 19 | 0.00 | -0.14 | -0.14 | ||
| 2034 | 15.74 | 13.00 | -2.74 | 2 | 0.00 | -0.13 | -0.13 | ||
| 2035 | 15.77 | 13.04 | -2.74 | — | 0.00 | -0.13 | -0.13 | ||
| 2036 | 15.86 | 13.05 | -2.81 | — | 0.00 | -0.12 | -0.12 | ||
| 2037 | 15.95 | 13.06 | -2.89 | — | 0.00 | -0.12 | -0.12 | ||
| 2038 | 16.05 | 13.07 | -2.97 | — | 0.00 | -0.11 | -0.11 | ||
| 2039 | 16.13 | 13.09 | -3.04 | — | 0.00 | -0.11 | -0.11 | ||
| 2040 | 16.20 | 13.10 | -3.11 | — | 0.00 | -0.10 | -0.10 | ||
| 2041 | 16.27 | 13.11 | -3.17 | — | 0.00 | -0.10 | -0.10 | ||
| 2042 | 16.34 | 13.12 | -3.22 | — | 0.00 | -0.09 | -0.09 | ||
| 2043 | 16.41 | 13.13 | -3.29 | — | 0.00 | -0.09 | -0.09 | ||
| 2044 | 16.49 | 13.14 | -3.36 | — | 0.00 | -0.08 | -0.08 | ||
| 2045 | 16.58 | 13.15 | -3.43 | — | 0.00 | -0.08 | -0.08 | ||
| 2046 | 16.64 | 13.16 | -3.48 | — | 0.00 | -0.07 | -0.07 | ||
| 2047 | 16.70 | 13.16 | -3.54 | — | 0.00 | -0.07 | -0.07 | ||
| 2048 | 16.77 | 13.17 | -3.60 | — | 0.00 | -0.06 | -0.06 | ||
| 2049 | 16.85 | 13.18 | -3.66 | — | 0.00 | -0.06 | -0.06 | ||
| 2050 | 16.93 | 13.19 | -3.74 | — | 0.00 | -0.06 | -0.06 | ||
| 2051 | 17.02 | 13.20 | -3.82 | — | 0.00 | -0.05 | -0.05 | ||
| 2052 | 17.13 | 13.21 | -3.91 | — | 0.00 | -0.05 | -0.05 | ||
| 2053 | 17.24 | 13.22 | -4.02 | — | 0.00 | -0.05 | -0.05 | ||
| 2054 | 17.35 | 13.23 | -4.12 | — | 0.00 | -0.04 | -0.04 | ||
| 2055 | 17.48 | 13.24 | -4.24 | — | 0.00 | -0.04 | -0.04 | ||
| 2056 | 17.61 | 13.25 | -4.36 | — | 0.00 | -0.04 | -0.04 | ||
| 2057 | 17.74 | 13.26 | -4.48 | — | 0.00 | -0.04 | -0.04 | ||
| 2058 | 17.88 | 13.27 | -4.60 | — | 0.00 | -0.03 | -0.03 | ||
| 2059 | 18.01 | 13.28 | -4.73 | — | 0.00 | -0.03 | -0.03 | ||
| 2060 | 18.15 | 13.30 | -4.85 | — | 0.00 | -0.03 | -0.03 | ||
| 2061 | 18.27 | 13.31 | -4.97 | — | 0.00 | -0.03 | -0.03 | ||
| 2062 | 18.40 | 13.31 | -5.08 | — | 0.00 | -0.03 | -0.03 | ||
| 2063 | 18.52 | 13.32 | -5.19 | — | 0.00 | -0.02 | -0.02 | ||
| 2064 | 18.63 | 13.33 | -5.30 | — | 0.00 | -0.02 | -0.02 | ||
| 2065 | 18.74 | 13.34 | -5.40 | — | 0.00 | -0.02 | -0.02 | ||
| 2066 | 18.86 | 13.35 | -5.51 | — | 0.00 | -0.02 | -0.02 | ||
| 2067 | 18.97 | 13.36 | -5.61 | — | 0.00 | -0.02 | -0.02 | ||
| 2068 | 19.09 | 13.37 | -5.72 | — | 0.00 | -0.02 | -0.02 | ||
| 2069 | 19.20 | 13.38 | -5.83 | — | 0.00 | -0.02 | -0.02 | ||
| 2070 | 19.32 | 13.38 | -5.94 | — | 0.00 | -0.01 | -0.01 | ||
| 2071 | 19.44 | 13.39 | -6.05 | — | 0.00 | -0.01 | -0.01 | ||
| 2072 | 19.56 | 13.40 | -6.16 | — | 0.00 | -0.01 | -0.01 | ||
| 2073 | 19.68 | 13.41 | -6.27 | — | 0.00 | -0.01 | -0.01 | ||
| 2074 | 19.79 | 13.42 | -6.38 | — | 0.00 | -0.01 | -0.01 | ||
| 2075 | 19.90 | 13.42 | -6.48 | — | 0.00 | -0.01 | -0.01 | ||
| 2076 | 20.00 | 13.43 | -6.56 | — | 0.00 | -0.01 | -0.01 | ||
| 2077 | 20.09 | 13.44 | -6.65 | — | 0.00 | -0.01 | -0.01 | ||
| 2078 | 20.16 | 13.44 | -6.72 | — | 0.00 | -0.01 | -0.01 | ||
| 2079 | 20.23 | 13.45 | -6.78 | — | 0.00 | -0.01 | -0.01 | ||
| 2080 | 20.29 | 13.45 | -6.84 | — | 0.00 | -0.01 | -0.01 | ||
| 2081 | 20.34 | 13.46 | -6.88 | — | 0.00 | -0.01 | -0.01 | ||
| 2082 | 20.38 | 13.46 | -6.92 | — | 0.00 | -0.01 | -0.01 | ||
| 2083 | 20.42 | 13.46 | -6.95 | — | 0.00 | -0.01 | -0.01 | ||
| 2084 | 20.44 | 13.47 | -6.97 | — | 0.00 | -0.01 | -0.01 | ||
| 2085 | 20.45 | 13.47 | -6.98 | — | 0.00 | -0.01 | -0.01 | ||
| 2086 | 20.45 | 13.47 | -6.98 | — | 0.00 | -0.01 | -0.01 | ||
| 2087 | 20.44 | 13.47 | -6.97 | — | 0.00 | -0.00 | -0.00 | ||
| 2088 | 20.41 | 13.47 | -6.95 | — | 0.00 | -0.00 | -0.00 | ||
| 2089 | 20.39 | 13.47 | -6.92 | — | 0.00 | -0.00 | -0.00 | ||
| 2090 | 20.35 | 13.47 | -6.88 | — | 0.00 | -0.00 | -0.00 | ||
| 2091 | 20.31 | 13.46 | -6.85 | — | 0.00 | -0.00 | -0.00 | ||
| 2092 | 20.27 | 13.46 | -6.81 | — | 0.00 | -0.00 | -0.00 | ||
| 2093 | 20.23 | 13.46 | -6.77 | — | 0.00 | -0.00 | -0.00 | ||
| 2094 | 20.19 | 13.46 | -6.73 | — | 0.00 | -0.00 | -0.00 | ||
| 2095 | 20.15 | 13.46 | -6.69 | — | 0.00 | -0.00 | -0.00 | ||
| 2096 | 20.11 | 13.45 | -6.66 | — | 0.00 | -0.00 | -0.00 | ||
| 2097 | 20.08 | 13.45 | -6.63 | — | 0.00 | -0.00 | -0.00 | ||
| 2098 | 20.06 | 13.45 | -6.61 | — | 0.00 | -0.00 | -0.00 | ||
| 2099 | 20.04 | 13.45 | -6.59 | — | 0.00 | -0.00 | -0.00 | ||
| 2100 | 20.02 | 13.45 | -6.57 | — | 0.00 | -0.00 | -0.00 | ||
| 2101 | 20.02 | 13.45 | -6.57 | — | 0.00 | -0.00 | -0.00 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2026-2100 | 18.10% | 13.62% | -4.48% | 2034 | 0.00% | -0.05% | -0.05% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2026 Trustees Report.