Save Social Security Act of 2021

United States117th CongressHR-2304House of Representatives
Updated: Apr 1, 2021

Summary

Save Social Security Act of 2021 This bill modifies the requirements for Social Security payroll taxes and benefits to apply Social Security payroll taxes to annual income above $400,000, include earnings above $400,000 in the benefit formula, and increase to $100,000 the income threshold above which a portion of a taxpayer's Social Security benefits is included in gross income. (Under current law, Social Security payroll taxes apply to the first $142,800 of income in 2021 and a portion of benefits is included in the gross income of individuals with certain income that exceeds specified thresholds, depending on the individual's filing status.)

Bill texts

Available versions
Introduced (House)View official text

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Timeline

  1. Introduced in House

  2. Referred to the Subcommittee on Social Security.

    House of Representatives

  3. Referred to the House Committee on Ways and Means.

    House of Representatives

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