Proposed Provision: E3.18. Increase the taxable maximum linearly over 4 years to $248,400 for 2026. After 2026, index the taxable maximum to AWI plus 0.5 percentage point. Apply benefit credit on additional earnings taxed.
OASDI Trust Fund Ratio
(assets as a percentage of annual expenditures)
| Year |
Current Law |
Provision |
| 2021 | 253 | 253 |
| 2022 | 231 | 231 |
| 2023 | 214 | 214 |
| 2024 | 196 | 197 |
| 2025 | 178 | 181 |
| 2026 | 159 | 166 |
| 2027 | 141 | 151 |
| 2028 | 122 | 136 |
| 2029 | 104 | 121 |
| 2030 | 85 | 105 |
| 2031 | 66 | 90 |
| 2032 | 46 | 74 |
| 2033 | 27 | 58 |
| 2034 | 7 | 42 |
| 2035 | -13 | 25 |
| 2036 | -33 | 9 |
| 2037 | -54 | -8 |
| 2038 | -76 | -25 |
| 2039 | -97 | -43 |
| 2040 | -119 | -60 |
| 2041 | -142 | -78 |
| 2042 | -165 | -96 |
| 2043 | -188 | -115 |
| 2044 | -211 | -134 |
| 2045 | -235 | -153 |
| 2046 | -258 | -171 |
| 2047 | -282 | -190 |
| 2048 | -306 | -209 |
| 2049 | -330 | -229 |
| 2050 | -354 | -248 |
| 2051 | -378 | -268 |
| 2052 | -403 | -287 |
| 2053 | -427 | -307 |
| 2054 | -452 | -327 |
| 2055 | -477 | -347 |
| 2056 | -502 | -367 |
| 2057 | -527 | -387 |
| 2058 | -552 | -408 |
| 2059 | -578 | -429 |
| 2060 | -604 | -450 |
| 2061 | -630 | -471 |
| 2062 | -657 | -493 |
| 2063 | -684 | -515 |
| 2064 | -712 | -538 |
| 2065 | -740 | -561 |
| 2066 | -768 | -584 |
| 2067 | -796 | -608 |
| 2068 | -825 | -632 |
| 2069 | -855 | -656 |
| 2070 | -884 | -680 |
| 2071 | -914 | -705 |
| 2072 | -945 | -731 |
| 2073 | -976 | -756 |
| 2074 | -1007 | -782 |
| 2075 | -1039 | -809 |
| 2076 | -1071 | -836 |
| 2077 | -1105 | -865 |
| 2078 | -1139 | -893 |
| 2079 | -1175 | -923 |
| 2080 | -1211 | -953 |
| 2081 | -1248 | -984 |
| 2082 | -1286 | -1015 |
| 2083 | -1324 | -1047 |
| 2084 | -1363 | -1079 |
| 2085 | -1403 | -1112 |
| 2086 | -1443 | -1145 |
| 2087 | -1483 | -1178 |
| 2088 | -1524 | -1212 |
| 2089 | -1564 | -1245 |
| 2090 | -1604 | -1278 |
| 2091 | -1643 | -1309 |
| 2092 | -1681 | -1340 |
| 2093 | -1718 | -1370 |
| 2094 | -1754 | -1400 |
| 2095 | -1789 | -1429 |
| 2096 | -1825 | -1458 |
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