Detailed Single Year Tables
Description of Proposed Provision:
F11: Apply a separate 12.4-percent tax on net investment income (NII), as defined in the Affordable Care Act (ACA), payable to the OASI and DI Trust Funds with an unindexed threshold of $400,000, effective 2026 and later. The NII tax would apply to the lesser of NII and the excess of modified adjusted income (MAGI) above the unindexed threshold of $400,000. This single threshold would apply regardless of tax filing status.
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 |
|||
| 2024 | 14.71 | 13.03 | -1.68 | 188 | 0.00 | 0.00 | 0.00 | ||
| 2025 | 15.00 | 12.89 | -2.11 | 171 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.20 | 13.98 | -1.22 | 152 | 0.00 | 0.91 | 0.91 | ||
| 2027 | 15.36 | 14.03 | -1.33 | 140 | -0.00 | 0.92 | 0.92 | ||
| 2028 | 15.42 | 14.06 | -1.35 | 129 | -0.00 | 0.93 | 0.93 | ||
| 2029 | 15.47 | 14.10 | -1.37 | 118 | -0.00 | 0.94 | 0.94 | ||
| 2030 | 15.53 | 14.12 | -1.40 | 107 | -0.00 | 0.95 | 0.95 | ||
| 2031 | 15.57 | 14.15 | -1.42 | 96 | -0.00 | 0.95 | 0.95 | ||
| 2032 | 15.60 | 14.18 | -1.42 | 86 | -0.00 | 0.96 | 0.96 | ||
| 2033 | 15.66 | 14.23 | -1.43 | 77 | -0.00 | 0.97 | 0.97 | ||
| 2034 | 15.77 | 14.25 | -1.52 | 67 | -0.00 | 0.98 | 0.98 | ||
| 2035 | 15.88 | 14.27 | -1.61 | 57 | -0.00 | 0.99 | 0.99 | ||
| 2036 | 15.99 | 14.29 | -1.70 | 47 | -0.00 | 1.00 | 1.00 | ||
| 2037 | 16.09 | 14.31 | -1.78 | 37 | -0.00 | 1.01 | 1.01 | ||
| 2038 | 16.17 | 14.33 | -1.84 | 26 | -0.00 | 1.02 | 1.02 | ||
| 2039 | 16.25 | 14.35 | -1.90 | 15 | -0.00 | 1.03 | 1.04 | ||
| 2040 | 16.32 | 14.37 | -1.95 | 4 | -0.00 | 1.05 | 1.05 | ||
| 2041 | 16.38 | 14.39 | -1.99 | — | -0.00 | 1.06 | 1.06 | ||
| 2042 | 16.43 | 14.41 | -2.02 | — | -0.00 | 1.08 | 1.08 | ||
| 2043 | 16.48 | 14.43 | -2.05 | — | -0.00 | 1.09 | 1.09 | ||
| 2044 | 16.52 | 14.45 | -2.07 | — | -0.00 | 1.11 | 1.11 | ||
| 2045 | 16.55 | 14.47 | -2.08 | — | -0.00 | 1.12 | 1.12 | ||
| 2046 | 16.58 | 14.48 | -2.10 | — | -0.00 | 1.13 | 1.14 | ||
| 2047 | 16.62 | 14.50 | -2.12 | — | -0.00 | 1.15 | 1.15 | ||
| 2048 | 16.66 | 14.52 | -2.15 | — | -0.00 | 1.16 | 1.16 | ||
| 2049 | 16.71 | 14.53 | -2.17 | — | -0.00 | 1.17 | 1.18 | ||
| 2050 | 16.76 | 14.55 | -2.21 | — | -0.00 | 1.19 | 1.19 | ||
| 2051 | 16.81 | 14.57 | -2.24 | — | -0.00 | 1.20 | 1.20 | ||
| 2052 | 16.87 | 14.59 | -2.28 | — | -0.00 | 1.21 | 1.21 | ||
| 2053 | 16.93 | 14.60 | -2.33 | — | -0.00 | 1.22 | 1.23 | ||
| 2054 | 17.00 | 14.62 | -2.38 | — | -0.00 | 1.24 | 1.24 | ||
| 2055 | 17.08 | 14.64 | -2.44 | — | -0.00 | 1.25 | 1.25 | ||
| 2056 | 17.16 | 14.65 | -2.50 | — | -0.00 | 1.25 | 1.26 | ||
| 2057 | 17.24 | 14.67 | -2.58 | — | -0.00 | 1.26 | 1.26 | ||
| 2058 | 17.33 | 14.68 | -2.65 | — | -0.00 | 1.27 | 1.27 | ||
| 2059 | 17.42 | 14.70 | -2.72 | — | -0.00 | 1.28 | 1.28 | ||
| 2060 | 17.50 | 14.72 | -2.78 | — | -0.00 | 1.29 | 1.29 | ||
| 2061 | 17.58 | 14.73 | -2.85 | — | -0.00 | 1.30 | 1.30 | ||
| 2062 | 17.65 | 14.75 | -2.90 | — | -0.00 | 1.31 | 1.31 | ||
| 2063 | 17.72 | 14.76 | -2.96 | — | -0.00 | 1.32 | 1.32 | ||
| 2064 | 17.79 | 14.78 | -3.01 | — | -0.00 | 1.33 | 1.33 | ||
| 2065 | 17.85 | 14.79 | -3.06 | — | -0.00 | 1.34 | 1.34 | ||
| 2066 | 17.92 | 14.80 | -3.11 | — | -0.00 | 1.34 | 1.35 | ||
| 2067 | 17.98 | 14.82 | -3.16 | — | -0.00 | 1.35 | 1.35 | ||
| 2068 | 18.05 | 14.83 | -3.21 | — | -0.00 | 1.36 | 1.36 | ||
| 2069 | 18.11 | 14.84 | -3.27 | — | -0.00 | 1.37 | 1.37 | ||
| 2070 | 18.18 | 14.86 | -3.32 | — | -0.00 | 1.38 | 1.38 | ||
| 2071 | 18.25 | 14.87 | -3.38 | — | -0.00 | 1.39 | 1.39 | ||
| 2072 | 18.31 | 14.89 | -3.43 | — | -0.00 | 1.40 | 1.40 | ||
| 2073 | 18.37 | 14.90 | -3.48 | — | -0.00 | 1.40 | 1.40 | ||
| 2074 | 18.43 | 14.91 | -3.52 | — | -0.00 | 1.41 | 1.41 | ||
| 2075 | 18.48 | 14.92 | -3.56 | — | -0.00 | 1.42 | 1.42 | ||
| 2076 | 18.52 | 14.93 | -3.59 | — | -0.00 | 1.42 | 1.42 | ||
| 2077 | 18.56 | 14.94 | -3.62 | — | -0.00 | 1.43 | 1.43 | ||
| 2078 | 18.58 | 14.95 | -3.63 | — | -0.00 | 1.43 | 1.44 | ||
| 2079 | 18.59 | 14.95 | -3.64 | — | -0.00 | 1.44 | 1.44 | ||
| 2080 | 18.59 | 14.96 | -3.63 | — | -0.00 | 1.45 | 1.45 | ||
| 2081 | 18.59 | 14.97 | -3.62 | — | -0.00 | 1.45 | 1.45 | ||
| 2082 | 18.57 | 14.97 | -3.60 | — | -0.00 | 1.46 | 1.46 | ||
| 2083 | 18.54 | 14.98 | -3.57 | — | -0.00 | 1.46 | 1.46 | ||
| 2084 | 18.51 | 14.98 | -3.53 | — | -0.00 | 1.47 | 1.47 | ||
| 2085 | 18.47 | 14.98 | -3.49 | — | -0.00 | 1.47 | 1.47 | ||
| 2086 | 18.42 | 14.98 | -3.43 | — | -0.00 | 1.48 | 1.48 | ||
| 2087 | 18.36 | 14.99 | -3.38 | — | -0.00 | 1.48 | 1.48 | ||
| 2088 | 18.30 | 14.99 | -3.31 | — | -0.00 | 1.49 | 1.49 | ||
| 2089 | 18.24 | 14.99 | -3.26 | — | -0.00 | 1.49 | 1.49 | ||
| 2090 | 18.19 | 14.99 | -3.20 | — | -0.00 | 1.50 | 1.50 | ||
| 2091 | 18.14 | 14.99 | -3.15 | — | -0.00 | 1.50 | 1.50 | ||
| 2092 | 18.10 | 14.99 | -3.11 | — | -0.00 | 1.51 | 1.51 | ||
| 2093 | 18.08 | 14.99 | -3.08 | — | -0.00 | 1.51 | 1.51 | ||
| 2094 | 18.07 | 15.00 | -3.07 | — | -0.00 | 1.51 | 1.52 | ||
| 2095 | 18.06 | 15.00 | -3.06 | — | -0.00 | 1.52 | 1.52 | ||
| 2096 | 18.07 | 15.01 | -3.07 | — | -0.00 | 1.52 | 1.52 | ||
| 2097 | 18.09 | 15.01 | -3.08 | — | -0.00 | 1.52 | 1.53 | ||
| 2098 | 18.12 | 15.02 | -3.11 | — | -0.00 | 1.53 | 1.53 | ||
| 2099 | 18.16 | 15.02 | -3.13 | — | -0.00 | 1.53 | 1.53 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2024-2098 | 17.30% | 15.00% | -2.29% | 2040 | -0.00% | 1.20% | 1.21% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2035. |
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Based on Intermediate Assumptions of the 2024 Trustees Report.