Ask AI
H.R. 2304

Save Social Security Act of 2021

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.)

Referred to the Subcommittee on Social Security.

Rep. Crist, Charlie [D-FL-13](D-FL)Sponsor
1committees4actions7subjects
  1. Committee

    Referred to the Subcommittee on Social Security.

    Social Security Subcommittee
  2. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  3. IntroReferralIntro-H

    Introduced in House

  4. IntroReferral1000

    Introduced in House

Save Social Security Act of 2021 — Informed