Detailed Single Year Tables
Description of Proposed Provision:
H7: Replace the current-law thresholds for federal income taxation of OASDI benefits with a single set of thresholds at $50,000 for single filers and $100,000 for joint filers for taxation of up to 85 percent of OASDI benefits, effective for tax year 2027. These thresholds would be fixed and not indexed to price inflation or average wage increase. Reallocate a portion of revenue from taxation of OASDI benefits to the HI Trust Fund such that the HI Trust Fund would be in the same position as if the current-law computation (in the absence of this provision) applied. The net amount of revenue from taxing OASDI benefits, after the allocation to HI, would be allocated to the combined Social Security Trust Fund.
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 |
|||
| 2025 | 15.15 | 12.80 | -2.35 | 169 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.29 | 13.03 | -2.25 | 149 | 0.00 | 0.00 | 0.00 | ||
| 2027 | 15.48 | 12.66 | -2.81 | 131 | 0.00 | -0.42 | -0.42 | ||
| 2028 | 15.59 | 12.70 | -2.89 | 110 | 0.00 | -0.41 | -0.41 | ||
| 2029 | 15.69 | 12.73 | -2.96 | 90 | 0.00 | -0.40 | -0.40 | ||
| 2030 | 15.80 | 12.76 | -3.03 | 70 | 0.00 | -0.39 | -0.39 | ||
| 2031 | 15.91 | 12.80 | -3.11 | 51 | 0.00 | -0.38 | -0.38 | ||
| 2032 | 16.00 | 12.83 | -3.17 | 31 | 0.00 | -0.37 | -0.37 | ||
| 2033 | 16.08 | 12.88 | -3.20 | 12 | 0.01 | -0.36 | -0.37 | ||
| 2034 | 16.15 | 12.92 | -3.23 | — | 0.00 | -0.35 | -0.35 | ||
| 2035 | 16.23 | 12.94 | -3.29 | — | 0.00 | -0.34 | -0.34 | ||
| 2036 | 16.33 | 12.96 | -3.36 | — | 0.00 | -0.32 | -0.33 | ||
| 2037 | 16.42 | 12.98 | -3.43 | — | 0.00 | -0.31 | -0.31 | ||
| 2038 | 16.49 | 13.00 | -3.49 | — | 0.00 | -0.30 | -0.30 | ||
| 2039 | 16.55 | 13.02 | -3.53 | — | 0.00 | -0.29 | -0.29 | ||
| 2040 | 16.61 | 13.04 | -3.56 | — | 0.00 | -0.27 | -0.28 | ||
| 2041 | 16.65 | 13.06 | -3.59 | — | 0.00 | -0.26 | -0.26 | ||
| 2042 | 16.68 | 13.07 | -3.60 | — | 0.00 | -0.25 | -0.25 | ||
| 2043 | 16.71 | 13.09 | -3.62 | — | 0.00 | -0.24 | -0.24 | ||
| 2044 | 16.74 | 13.10 | -3.64 | — | 0.00 | -0.23 | -0.23 | ||
| 2045 | 16.78 | 13.12 | -3.66 | — | 0.00 | -0.22 | -0.22 | ||
| 2046 | 16.80 | 13.13 | -3.67 | — | 0.00 | -0.21 | -0.21 | ||
| 2047 | 16.84 | 13.15 | -3.69 | — | 0.00 | -0.20 | -0.20 | ||
| 2048 | 16.88 | 13.16 | -3.72 | — | 0.00 | -0.19 | -0.19 | ||
| 2049 | 16.92 | 13.17 | -3.75 | — | 0.00 | -0.18 | -0.18 | ||
| 2050 | 16.97 | 13.19 | -3.78 | — | 0.00 | -0.17 | -0.17 | ||
| 2051 | 17.02 | 13.20 | -3.82 | — | 0.00 | -0.16 | -0.16 | ||
| 2052 | 17.08 | 13.21 | -3.87 | — | 0.00 | -0.15 | -0.15 | ||
| 2053 | 17.15 | 13.23 | -3.92 | — | 0.00 | -0.15 | -0.15 | ||
| 2054 | 17.22 | 13.24 | -3.98 | — | 0.00 | -0.14 | -0.14 | ||
| 2055 | 17.30 | 13.25 | -4.04 | — | 0.00 | -0.13 | -0.13 | ||
| 2056 | 17.39 | 13.27 | -4.12 | — | 0.00 | -0.12 | -0.12 | ||
| 2057 | 17.48 | 13.28 | -4.19 | — | 0.00 | -0.12 | -0.12 | ||
| 2058 | 17.57 | 13.30 | -4.28 | — | 0.00 | -0.11 | -0.11 | ||
| 2059 | 17.66 | 13.31 | -4.35 | — | 0.00 | -0.11 | -0.11 | ||
| 2060 | 17.74 | 13.32 | -4.42 | — | 0.00 | -0.10 | -0.10 | ||
| 2061 | 17.82 | 13.33 | -4.49 | — | 0.00 | -0.10 | -0.10 | ||
| 2062 | 17.89 | 13.35 | -4.55 | — | 0.00 | -0.09 | -0.09 | ||
| 2063 | 17.96 | 13.36 | -4.61 | — | 0.00 | -0.09 | -0.09 | ||
| 2064 | 18.03 | 13.37 | -4.66 | — | 0.00 | -0.08 | -0.08 | ||
| 2065 | 18.10 | 13.38 | -4.72 | — | 0.00 | -0.08 | -0.08 | ||
| 2066 | 18.17 | 13.39 | -4.78 | — | 0.00 | -0.07 | -0.07 | ||
| 2067 | 18.24 | 13.40 | -4.84 | — | 0.00 | -0.07 | -0.07 | ||
| 2068 | 18.31 | 13.41 | -4.90 | — | 0.00 | -0.06 | -0.06 | ||
| 2069 | 18.38 | 13.42 | -4.96 | — | 0.00 | -0.06 | -0.06 | ||
| 2070 | 18.46 | 13.43 | -5.03 | — | 0.00 | -0.06 | -0.06 | ||
| 2071 | 18.53 | 13.43 | -5.09 | — | 0.00 | -0.05 | -0.05 | ||
| 2072 | 18.60 | 13.44 | -5.16 | — | 0.00 | -0.05 | -0.05 | ||
| 2073 | 18.67 | 13.45 | -5.22 | — | 0.00 | -0.05 | -0.05 | ||
| 2074 | 18.74 | 13.46 | -5.28 | — | 0.00 | -0.05 | -0.05 | ||
| 2075 | 18.80 | 13.47 | -5.33 | — | 0.00 | -0.04 | -0.04 | ||
| 2076 | 18.85 | 13.48 | -5.38 | — | 0.00 | -0.04 | -0.04 | ||
| 2077 | 18.89 | 13.48 | -5.41 | — | 0.00 | -0.04 | -0.04 | ||
| 2078 | 18.93 | 13.49 | -5.44 | — | 0.00 | -0.04 | -0.04 | ||
| 2079 | 18.95 | 13.49 | -5.45 | — | 0.00 | -0.03 | -0.03 | ||
| 2080 | 18.96 | 13.50 | -5.46 | — | 0.00 | -0.03 | -0.03 | ||
| 2081 | 18.96 | 13.50 | -5.46 | — | 0.00 | -0.03 | -0.03 | ||
| 2082 | 18.95 | 13.50 | -5.45 | — | 0.00 | -0.03 | -0.03 | ||
| 2083 | 18.93 | 13.50 | -5.43 | — | 0.00 | -0.03 | -0.03 | ||
| 2084 | 18.91 | 13.50 | -5.41 | — | 0.00 | -0.03 | -0.03 | ||
| 2085 | 18.87 | 13.50 | -5.37 | — | 0.00 | -0.02 | -0.02 | ||
| 2086 | 18.82 | 13.50 | -5.32 | — | 0.00 | -0.02 | -0.02 | ||
| 2087 | 18.77 | 13.50 | -5.27 | — | 0.00 | -0.02 | -0.02 | ||
| 2088 | 18.70 | 13.50 | -5.21 | — | 0.00 | -0.02 | -0.02 | ||
| 2089 | 18.64 | 13.49 | -5.15 | — | 0.00 | -0.02 | -0.02 | ||
| 2090 | 18.58 | 13.49 | -5.09 | — | 0.00 | -0.02 | -0.02 | ||
| 2091 | 18.52 | 13.49 | -5.03 | — | 0.00 | -0.02 | -0.02 | ||
| 2092 | 18.47 | 13.49 | -4.98 | — | 0.00 | -0.02 | -0.02 | ||
| 2093 | 18.42 | 13.48 | -4.94 | — | 0.00 | -0.01 | -0.02 | ||
| 2094 | 18.38 | 13.48 | -4.90 | — | 0.00 | -0.01 | -0.01 | ||
| 2095 | 18.36 | 13.48 | -4.88 | — | 0.00 | -0.01 | -0.01 | ||
| 2096 | 18.34 | 13.48 | -4.86 | — | 0.00 | -0.01 | -0.01 | ||
| 2097 | 18.33 | 13.48 | -4.85 | — | 0.00 | -0.01 | -0.01 | ||
| 2098 | 18.33 | 13.48 | -4.85 | — | 0.00 | -0.01 | -0.01 | ||
| 2099 | 18.34 | 13.48 | -4.85 | — | 0.00 | -0.01 | -0.01 | ||
| 2100 | 18.35 | 13.49 | -4.87 | — | 0.00 | -0.01 | -0.01 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2025-2099 | 17.61% | 13.64% | -3.98% | 2033 | 0.00% | -0.15% | -0.15% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2025 Trustees Report.