Proposed Provision: F4. Expand covered earnings to include contributions to voluntary salary reduction plans (such as Cafeteria 125 plans and Flexible Spending Accounts). Starting in 2018, subject these contributions to the OASDI payroll tax, making the payroll tax treatment of these contributions like 401(k) contributions.

OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)

Year Current Law Provision
2017298298
2018287287
2019273276
2020259264
2021245253
2022230242
2023215229
2024199215
2025182201
2026165186
2027148171
2028130156
2029112140
203094124
203175108
20325692
20333775
20341657
2035-439
2036-2621
2037-472
2038-70-18
2039-92-37
2040-115-57
2041-138-77
2042-161-97
2043-184-117
2044-207-137
2045-230-157
2046-253-177
2047-276-197
2048-300-218
2049-323-238
2050-346-258
2051-370-279
2052-393-299
2053-417-320
2054-440-340
2055-464-361
2056-487-382
2057-511-403
2058-536-425
2059-560-447
2060-585-470
2061-611-493
2062-637-516
2063-663-540
2064-690-564
2065-717-589
2066-745-613
2067-772-639
2068-801-664
2069-829-691
2070-858-717
2071-888-744
2072-918-772
2073-949-800
2074-981-829
2075-1014-859
2076-1047-889
2077-1082-921
2078-1117-953
2079-1153-986
2080-1190-1019
2081-1227-1052
2082-1264-1085
2083-1300-1118
2084-1337-1151
2085-1374-1184
2086-1410-1217
2087-1446-1250
2088-1483-1283
2089-1520-1316
2090-1557-1350
2091-1595-1384
2092-1633-1419
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