Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $238,200 for 2025. After 2025, index the taxable maximum to AWI plus 0.5 percentage point. Apply benefit credit on additional earnings taxed.

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

  Income Rates Cost Rates
Year Current Law Provision Current Law Provision
202013.013.013.913.9
202112.912.914.014.0
202212.913.214.214.2
202312.913.314.414.4
202413.013.514.614.6
202513.013.614.914.9
202613.113.815.115.1
202713.113.815.315.4
202813.213.815.615.6
202913.213.915.815.8
203013.213.916.016.0
203113.313.916.216.2
203213.313.916.316.4
203313.314.016.516.5
203413.314.016.616.6
203513.314.016.616.7
203613.314.016.716.7
203713.314.016.716.8
203813.314.016.816.8
203913.314.016.816.9
204013.314.016.816.9
204113.314.116.916.9
204213.314.116.916.9
204313.314.116.816.9
204413.314.116.816.9
204513.314.116.816.9
204613.314.116.816.9
204713.314.116.816.9
204813.314.116.816.9
204913.314.116.816.9
205013.314.116.816.9
205113.314.116.817.0
205213.314.116.817.0
205313.314.116.817.0
205413.314.216.917.1
205513.314.216.917.1
205613.314.216.917.2
205713.314.217.017.2
205813.314.217.017.3
205913.414.217.117.3
206013.414.217.117.4
206113.414.217.217.5
206213.414.317.317.6
206313.414.317.317.6
206413.414.317.417.7
206513.414.317.517.8
206613.414.317.517.9
206713.414.317.617.9
206813.414.317.718.0
206913.414.317.718.1
207013.414.317.818.2
207113.414.417.918.3
207213.414.417.918.3
207313.414.418.018.4
207413.414.418.018.4
207513.414.418.118.5
207613.414.418.118.5
207713.414.418.118.6
207813.414.418.218.6
207913.414.418.218.6
208013.414.418.118.6
208113.414.418.118.6
208213.414.418.118.6
208313.414.518.118.5
208413.414.518.018.5
208513.414.518.018.5
208613.414.518.018.4
208713.414.517.918.4
208813.414.517.918.4
208913.414.517.918.4
209013.414.517.918.3
209113.414.517.918.4
209213.414.517.918.4
209313.414.517.918.4
209413.414.517.918.4
209513.414.518.018.5
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