Proposed Provision: Starting in 2014, exempt individuals with more than 180 quarters of coverage from the OASDI payroll tax.

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

  Income Rates Cost Rates
Year Present Law Provision Present Law Provision
201312.712.713.913.9
201412.812.614.014.0
201512.912.614.014.0
201612.912.613.913.9
201712.912.713.913.9
201812.912.713.913.9
201912.912.714.114.0
202013.012.714.314.2
202113.012.714.414.4
202213.012.814.714.7
202313.012.815.014.9
202413.112.815.215.2
202513.112.815.515.4
202613.112.815.715.7
202713.112.815.915.9
202813.112.816.116.1
202913.112.816.316.3
203013.112.816.516.5
203113.112.916.616.6
203213.112.916.816.7
203313.212.916.916.8
203413.212.916.916.9
203513.212.917.016.9
203613.212.917.017.0
203713.212.917.017.0
203813.212.917.017.0
203913.212.917.016.9
204013.212.917.016.9
204113.212.916.916.9
204213.212.816.916.8
204313.212.816.916.8
204413.212.816.816.8
204513.212.816.816.8
204613.212.816.816.8
204713.212.816.816.8
204813.212.816.816.7
204913.212.816.816.7
205013.212.816.816.7
205113.212.816.816.7
205213.212.816.816.8
205313.212.816.816.8
205413.212.816.916.8
205513.212.816.916.9
205613.212.817.016.9
205713.212.817.017.0
205813.212.817.017.0
205913.212.817.117.0
206013.212.817.117.1
206113.212.817.217.1
206213.212.817.217.2
206313.212.817.317.2
206413.212.817.317.3
206513.212.817.417.3
206613.212.817.417.4
206713.212.817.417.4
206813.212.817.517.4
206913.212.817.517.5
207013.212.817.617.5
207113.212.817.617.6
207213.212.817.717.6
207313.212.817.717.6
207413.212.817.717.7
207513.212.817.717.7
207613.212.817.717.7
207713.212.817.717.7
207813.212.817.717.7
207913.212.817.717.7
208013.212.817.817.7
208113.212.817.817.7
208213.212.817.817.7
208313.212.817.817.8
208413.212.817.917.8
208513.212.817.917.9
208613.212.718.017.9
208713.212.718.018.0
208813.212.718.118.0
back