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Projected Effects of a Proposal to Increase the Early Eligibility Age (EEA) and
Full Retirement Age (FRA)
Details: One month every 2 years starting in 2021 (EEA) and 2023 (FRA)
Table user guide | Projection methodology | All options comparison | Current EEA and FRA | Related research
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 6% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 6% | 0% | 0% | 0% | 0% |
Male | 6% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 10% | 0% | -1% | 0% | 0% |
White, non-Hispanic | 5% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 7% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 6% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 5% | 0% | 0% | 0% | 0% |
Other countries | 8% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 18% | 0% | -1% | 0% | 0% |
70–79 | 0% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 6% | 0% | 0% | 0% | 0% |
Divorced | 5% | 0% | 0% | 0% | 0% |
Widowed | 6% | 0% | 0% | 0% | 0% |
Never married | 6% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 4% | 0% | 0% | 0% | 0% |
Bachelor | 6% | 0% | 0% | 0% | 0% |
Associate | 6% | 0% | 0% | 0% | 0% |
High school | 6% | 0% | 0% | 0% | 0% |
Less than high school | 8% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 6% | 0% | 0% | 0% | 0% |
In poverty | 7% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 5% | 0% | 0% | 0% | 0% |
Second highest | 6% | 0% | 0% | 0% | 0% |
Middle | 6% | 0% | 0% | 0% | 0% |
Second lowest | 6% | 0% | 0% | 0% | 0% |
Lowest | 6% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 7% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 5% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 6% | 0% | 0% | 0% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 47% | 1% | -5% | 0% | 0% |
Sex | |||||
Female | 46% | 1% | -5% | 0% | 0% |
Male | 48% | 1% | -5% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 49% | 1% | -6% | 0% | 0% |
White, non-Hispanic | 46% | 1% | -5% | 0% | 0% |
Black or African American, non-Hispanic | 45% | 1% | -5% | 0% | 0% |
All other races, non-Hispanic | 56% | 0% | -6% | -1% | 0% |
Country of birth | |||||
United States | 46% | 1% | -5% | 0% | 0% |
Other countries | 53% | 1% | -6% | -1% | 0% |
Age | |||||
60–69 | 52% | 2% | -8% | -1% | 0% |
70–79 | 59% | 0% | -5% | -2% | 0% |
80–89 | 42% | 0% | -2% | 0% | 0% |
90 or older | 1% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 51% | 0% | -6% | -1% | 0% |
Divorced | 47% | 1% | -5% | 0% | 0% |
Widowed | 36% | 1% | -4% | 0% | 0% |
Never married | 50% | 0% | -6% | -1% | 0% |
Highest education level | |||||
Graduate | 56% | 1% | -6% | -1% | 0% |
Bachelor | 52% | 0% | -5% | -1% | 0% |
Associate | 45% | 1% | -5% | 0% | 0% |
High school | 42% | 1% | -5% | 0% | 0% |
Less than high school | 47% | 1% | -6% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 48% | 1% | -5% | 0% | 0% |
In poverty | 41% | 1% | -6% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 56% | 0% | -6% | -1% | 0% |
Second highest | 51% | 1% | -6% | -1% | 0% |
Middle | 48% | 1% | -6% | 0% | 0% |
Second lowest | 41% | 1% | -5% | 0% | 0% |
Lowest | 40% | 1% | -5% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 53% | 0% | -6% | -1% | 0% |
Widow(er) (includes dually entitled) | 30% | 2% | -3% | 0% | 0% |
Spousal (includes dually entitled) | 50% | 0% | -7% | 0% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 62% | 3% | -11% | -3% | 0% |
Sex | |||||
Female | 63% | 3% | -11% | -3% | 0% |
Male | 60% | 4% | -11% | -3% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 59% | 3% | -12% | -2% | 0% |
White, non-Hispanic | 62% | 3% | -11% | -3% | 0% |
Black or African American, non-Hispanic | 56% | 3% | -11% | -2% | 0% |
All other races, non-Hispanic | 71% | 2% | -12% | -4% | 0% |
Country of birth | |||||
United States | 60% | 4% | -11% | -3% | 0% |
Other countries | 66% | 3% | -12% | -4% | 0% |
Age | |||||
60–69 | 57% | 3% | -100% | -3% | 0% |
70–79 | 64% | 4% | -10% | -3% | 0% |
80–89 | 62% | 3% | -8% | -3% | 0% |
90 or older | 63% | 0% | -5% | -2% | 0% |
Marital status | |||||
Married | 62% | 3% | -12% | -3% | 0% |
Divorced | 60% | 5% | -11% | -3% | 0% |
Widowed | 60% | 3% | -8% | -2% | 0% |
Never married | 62% | 3% | -12% | -3% | 0% |
Highest education level | |||||
Graduate | 70% | 2% | -11% | -4% | 0% |
Bachelor | 69% | 3% | -11% | -4% | 0% |
Associate | 57% | 4% | -11% | -2% | 0% |
High school | 56% | 4% | -11% | -2% | 0% |
Less than high school | 58% | 4% | -12% | -2% | 0% |
Current-law poverty status | |||||
Above poverty | 61% | 3% | -11% | -3% | 0% |
In poverty | 71% | 3% | -13% | -2% | 0% |
Current-law household income quintile | |||||
Highest | 72% | 3% | -11% | -4% | 0% |
Second highest | 66% | 3% | -11% | -4% | 0% |
Middle | 60% | 4% | -11% | -3% | 0% |
Second lowest | 56% | 3% | -11% | -2% | 0% |
Lowest | 55% | 4% | -11% | -1% | 0% |
Current-law benefit type | |||||
Retired worker only | 67% | 3% | -12% | -4% | 0% |
Widow(er) (includes dually entitled) | 50% | 7% | -7% | -1% | 0% |
Spousal (includes dually entitled) | 64% | 2% | -14% | -2% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Sex | ||||||||
Female | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Male | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Country of birth | ||||||||
United States | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Other countries | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Age | ||||||||
31–39 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
40–49 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
50–59 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
60–69 | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
70 or older | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Marital status | ||||||||
Married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Divorced | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Widowed | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Never married | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Highest education level | ||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Bachelor | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Associate | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
High school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Less than high school | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law household income quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second highest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Middle | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Second lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
Lowest | 0% | 0% | 0% | 0% | 0% | $0 | $0 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 1% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 1% | 0% | 0% | 0% | 0% |
Male | 1% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 2% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 1% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 2% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 1% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 1% | 0% | 0% | 0% | 0% |
Other countries | 2% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 3% | 0% | 0% | 0% | 0% |
70–79 | 0% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 1% | 0% | 0% | 0% | 0% |
Divorced | 1% | 0% | 0% | 0% | 0% |
Widowed | 3% | 0% | 0% | 0% | 0% |
Never married | 1% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 1% | 0% | 0% | 0% | 0% |
Associate | 1% | 0% | 0% | 0% | 0% |
High school | 2% | 0% | 0% | 0% | 0% |
Less than high school | 2% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 1% | 0% | 0% | 0% | 0% |
In poverty | 5% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 1% | 0% | 0% | 0% | 0% |
Second lowest | 1% | 0% | 0% | 0% | 0% |
Lowest | 4% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 32% | 0% | -2% | 0% | 0% |
Sex | |||||
Female | 31% | 0% | -2% | 0% | 0% |
Male | 33% | 0% | -2% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 36% | 0% | -3% | 0% | 0% |
White, non-Hispanic | 30% | 0% | -2% | 0% | 0% |
Black or African American, non-Hispanic | 32% | 0% | -3% | 0% | 0% |
All other races, non-Hispanic | 31% | 0% | -2% | 0% | 0% |
Country of birth | |||||
United States | 31% | 0% | -2% | 0% | 0% |
Other countries | 35% | 0% | -2% | 0% | 0% |
Age | |||||
60–69 | 42% | 1% | -4% | 0% | 0% |
70–79 | 43% | 0% | -2% | 0% | 0% |
80–89 | 15% | 0% | -1% | 0% | 0% |
90 or older | 1% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 36% | 0% | -2% | 0% | 0% |
Divorced | 30% | 1% | -2% | 0% | 0% |
Widowed | 20% | 0% | -2% | 0% | 0% |
Never married | 34% | 0% | -3% | 0% | 0% |
Highest education level | |||||
Graduate | 28% | 0% | -2% | 0% | 0% |
Bachelor | 29% | 0% | -2% | 0% | 0% |
Associate | 34% | 1% | -2% | 0% | 0% |
High school | 32% | 0% | -2% | 0% | 0% |
Less than high school | 36% | 1% | -3% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 32% | 0% | -2% | 0% | 0% |
In poverty | 30% | 1% | -5% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 13% | 0% | -1% | 0% | 0% |
Second highest | 31% | 0% | -1% | 0% | 0% |
Middle | 39% | 0% | -2% | 0% | 0% |
Second lowest | 40% | 0% | -3% | 0% | 0% |
Lowest | 36% | 1% | -4% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 35% | 0% | -2% | 0% | 0% |
Widow(er) (includes dually entitled) | 19% | 1% | -2% | 0% | 0% |
Spousal (includes dually entitled) | 37% | 0% | -2% | 0% | 0% |
Disabled worker only | 6% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 53% | 2% | -7% | -1% | 0% |
Sex | |||||
Female | 53% | 2% | -6% | -1% | 0% |
Male | 52% | 1% | -7% | -1% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 53% | 2% | -8% | -1% | 0% |
White, non-Hispanic | 53% | 1% | -6% | -1% | 0% |
Black or African American, non-Hispanic | 48% | 2% | -7% | 0% | 0% |
All other races, non-Hispanic | 54% | 1% | -7% | -1% | 0% |
Country of birth | |||||
United States | 52% | 2% | -6% | -1% | 0% |
Other countries | 54% | 1% | -7% | -1% | 0% |
Age | |||||
60–69 | 53% | 1% | -16% | -1% | 0% |
70–79 | 55% | 2% | -6% | -1% | 0% |
80–89 | 52% | 1% | -4% | -1% | 0% |
90 or older | 43% | 0% | -3% | 0% | 0% |
Marital status | |||||
Married | 60% | 1% | -6% | -1% | 0% |
Divorced | 47% | 3% | -7% | 0% | 0% |
Widowed | 44% | 1% | -5% | 0% | 0% |
Never married | 48% | 2% | -8% | 0% | 0% |
Highest education level | |||||
Graduate | 52% | 1% | -5% | -1% | 0% |
Bachelor | 54% | 1% | -6% | -1% | 0% |
Associate | 53% | 2% | -7% | -1% | 0% |
High school | 53% | 2% | -7% | -1% | 0% |
Less than high school | 51% | 2% | -8% | -1% | 0% |
Current-law poverty status | |||||
Above poverty | 53% | 1% | -6% | -1% | 0% |
In poverty | 51% | 3% | -12% | -1% | 0% |
Current-law household income quintile | |||||
Highest | 36% | 0% | -2% | 0% | 0% |
Second highest | 58% | 1% | -4% | -1% | 0% |
Middle | 61% | 1% | -6% | -1% | 0% |
Second lowest | 58% | 2% | -7% | -2% | 0% |
Lowest | 50% | 4% | -9% | -1% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Without proposal | With proposal | Without proposal | With proposal | Change | ||
Total | 5% | 5% | 3,237 | 3,249 | 11 | 0% |
Sex | ||||||
Female | 5% | 5% | 1,787 | 1,786 | -1 | 0% |
Male | 4% | 4% | 1,450 | 1,463 | 13 | 0% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 7% | 7% | 570 | 575 | 5 | 0% |
White, non-Hispanic | 3% | 3% | 1,804 | 1,813 | 9 | 0% |
Black or African American, non-Hispanic | 9% | 9% | 636 | 633 | -3 | 0% |
All other races, non-Hispanic | 6% | 6% | 228 | 228 | 0 | 0% |
Country of birth | ||||||
United States | 4% | 4% | 2,472 | 2,475 | 2 | 0% |
Other countries | 7% | 7% | 765 | 774 | 9 | 1% |
Age | ||||||
60–69 | 6% | 6% | 1,486 | 1,495 | 8 | 0% |
70–79 | 4% | 4% | 1,318 | 1,321 | 3 | 0% |
80–89 | 3% | 3% | 381 | 381 | 0 | 0% |
90 or older | 2% | 2% | 53 | 53 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 469 | 476 | 6 | 1% |
Divorced | 9% | 9% | 1,207 | 1,207 | 0 | 0% |
Widowed | 6% | 6% | 740 | 746 | 5 | 0% |
Never married | 16% | 16% | 821 | 821 | 0 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 97 | 97 | 0 | 0% |
Bachelor | 2% | 2% | 263 | 263 | 0 | 0% |
Associate | 4% | 4% | 626 | 623 | -3 | 0% |
High school | 6% | 6% | 1,534 | 1,542 | 8 | 0% |
Less than high school | 12% | 12% | 717 | 724 | 6 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 4% | 2,252 | 2,259 | 7 | 0% |
Widow(er) (includes dually entitled) | 5% | 5% | 577 | 582 | 4 | 0% |
Spousal (includes dually entitled) | 2% | 2% | 145 | 145 | 0 | 0% |
Disabled worker only | 10% | 10% | 263 | 263 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | ||||||
NOTES: Start date = 2022.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Without proposal | With proposal | Without proposal | With proposal | Change | ||
Total | 4% | 4% | 3,309 | 3,656 | 347 | 10% |
Sex | ||||||
Female | 4% | 5% | 1,862 | 2,023 | 161 | 8% |
Male | 4% | 4% | 1,447 | 1,633 | 186 | 12% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 6% | 6% | 897 | 989 | 92 | 10% |
White, non-Hispanic | 3% | 3% | 1,472 | 1,637 | 165 | 11% |
Black or African American, non-Hispanic | 8% | 8% | 679 | 735 | 56 | 8% |
All other races, non-Hispanic | 4% | 5% | 261 | 295 | 33 | 12% |
Country of birth | ||||||
United States | 4% | 4% | 2,260 | 2,525 | 264 | 11% |
Other countries | 6% | 6% | 1,048 | 1,132 | 83 | 7% |
Age | ||||||
60–69 | 5% | 7% | 1,277 | 1,560 | 283 | 22% |
70–79 | 4% | 4% | 1,105 | 1,159 | 54 | 4% |
80–89 | 3% | 3% | 734 | 744 | 9 | 1% |
90 or older | 3% | 3% | 193 | 193 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 457 | 553 | 96 | 21% |
Divorced | 6% | 7% | 948 | 1,085 | 137 | 14% |
Widowed | 5% | 5% | 750 | 791 | 40 | 5% |
Never married | 12% | 12% | 1,154 | 1,228 | 73 | 6% |
Highest education level | ||||||
Graduate | 1% | 1% | 91 | 118 | 27 | 30% |
Bachelor | 2% | 2% | 280 | 323 | 43 | 15% |
Associate | 3% | 3% | 555 | 652 | 97 | 17% |
High school | 6% | 6% | 1,549 | 1,691 | 141 | 9% |
Less than high school | 11% | 11% | 834 | 872 | 38 | 4% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 363 | 363 | . . . |
In poverty | 100% | 100% | 3,309 | 3,293 | -15 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 5% | 2,500 | 2,772 | 272 | 10% |
Widow(er) (includes dually entitled) | 4% | 4% | 498 | 554 | 56 | 11% |
Spousal (includes dually entitled) | 1% | 2% | 99 | 116 | 17 | 17% |
Disabled worker only | 6% | 6% | 212 | 213 | 1 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | ||||||
NOTES: Start date = 2022.
. . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Official poverty rate | Number of population in poverty (in thousands) |
Percent change in the number in poverty | |||
---|---|---|---|---|---|---|
Without proposal | With proposal | Without proposal | With proposal | Change | ||
Total | 3% | 4% | 2,425 | 3,421 | 995 | 41% |
Sex | ||||||
Female | 3% | 4% | 1,304 | 1,774 | 470 | 36% |
Male | 2% | 4% | 1,121 | 1,647 | 525 | 46% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 3% | 5% | 769 | 1,125 | 355 | 46% |
White, non-Hispanic | 2% | 3% | 1,009 | 1,484 | 474 | 47% |
Black or African American, non-Hispanic | 4% | 5% | 392 | 499 | 106 | 27% |
All other races, non-Hispanic | 3% | 3% | 254 | 312 | 58 | 22% |
Country of birth | ||||||
United States | 2% | 3% | 1,586 | 2,340 | 753 | 47% |
Other countries | 4% | 5% | 839 | 1,081 | 242 | 28% |
Age | ||||||
60–69 | 3% | 6% | 795 | 1,667 | 872 | 109% |
70–79 | 3% | 3% | 906 | 985 | 78 | 8% |
80–89 | 3% | 3% | 585 | 618 | 33 | 5% |
90 or older | 2% | 2% | 139 | 151 | 11 | 8% |
Marital status | ||||||
Married | 1% | 1% | 292 | 514 | 221 | 75% |
Divorced | 3% | 5% | 613 | 961 | 348 | 56% |
Widowed | 3% | 4% | 473 | 603 | 129 | 27% |
Never married | 6% | 8% | 1,046 | 1,342 | 295 | 28% |
Highest education level | ||||||
Graduate | 1% | 1% | 156 | 259 | 102 | 66% |
Bachelor | 1% | 2% | 218 | 323 | 105 | 48% |
Associate | 2% | 3% | 405 | 609 | 204 | 50% |
High school | 4% | 5% | 1,033 | 1,439 | 405 | 39% |
Less than high school | 6% | 8% | 613 | 791 | 177 | 28% |
Current-law poverty status | ||||||
Above poverty | 0% | 1% | 0 | 1,013 | 1,013 | . . . |
In poverty | 100% | 99% | 2,425 | 2,408 | -17 | 0% |
Current-law benefit type | ||||||
Retired worker only | 3% | 4% | 1,958 | 2,782 | 823 | 42% |
Widow(er) (includes dually entitled) | 2% | 4% | 321 | 463 | 142 | 44% |
Spousal (includes dually entitled) | 1% | 1% | 41 | 67 | 26 | 65% |
Disabled worker only | 3% | 3% | 105 | 109 | 3 | 3% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | ||||||
NOTES: Start date = 2022.
. . . = not applicable.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio without proposal at the— |
Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 26% | 0% | -1% | 0% | 0% | 5% | 127% | 397% | 5% | 126% | 396% |
Sex | |||||||||||
Female | 25% | 0% | -1% | 0% | 0% | 23% | 159% | 562% | 23% | 158% | 558% |
Male | 27% | 0% | -1% | 0% | 0% | 0% | 105% | 239% | 0% | 104% | 238% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 26% | 0% | -2% | 0% | 0% | 0% | 141% | 506% | 0% | 141% | 499% |
White, non-Hispanic | 26% | 0% | -1% | 0% | 0% | 14% | 122% | 359% | 14% | 122% | 358% |
Black or African American, non-Hispanic | 23% | 0% | -1% | 0% | 0% | 0% | 131% | 410% | 0% | 131% | 408% |
All other races, non-Hispanic | 30% | 0% | -2% | 0% | 0% | 0% | 132% | 493% | 0% | 131% | 492% |
Country of birth | |||||||||||
United States | 25% | 0% | -1% | 0% | 0% | 12% | 123% | 363% | 11% | 122% | 362% |
Other countries | 28% | 0% | -2% | 0% | 0% | 0% | 144% | 525% | 0% | 143% | 521% |
Highest education level | |||||||||||
Graduate | 39% | 0% | -2% | 0% | 0% | 24% | 113% | 245% | 24% | 112% | 244% |
Bachelor | 33% | 0% | -2% | 0% | 0% | 25% | 120% | 324% | 25% | 118% | 323% |
Associate | 24% | 0% | -1% | 0% | 0% | 16% | 127% | 340% | 16% | 126% | 339% |
High school | 22% | 0% | -1% | 0% | 0% | 0% | 133% | 475% | 0% | 132% | 474% |
Less than high school | 19% | 0% | -1% | 0% | 0% | 0% | 141% | 718% | 0% | 140% | 710% |
Current-law initial AIME quintile | |||||||||||
Highest | 44% | 0% | -2% | 0% | 0% | 36% | 93% | 136% | 36% | 93% | 135% |
Second highest | 30% | 0% | -1% | 0% | 0% | 21% | 118% | 175% | 21% | 117% | 174% |
Middle | 22% | 0% | -1% | 0% | 0% | 10% | 140% | 234% | 10% | 139% | 232% |
Second lowest | 17% | 0% | -1% | 0% | 0% | 23% | 205% | 444% | 23% | 204% | 444% |
Lowest | 17% | 0% | -2% | 0% | 0% | 0% | 228% | 1,369% | 0% | 227% | 1,359% |
Lifetime payroll tax quintile | |||||||||||
Highest | 46% | 0% | -2% | 0% | 0% | 40% | 94% | 134% | 40% | 93% | 133% |
Second highest | 28% | 0% | -1% | 0% | 0% | 23% | 118% | 173% | 23% | 117% | 171% |
Middle | 23% | 0% | -1% | 0% | 0% | 16% | 141% | 235% | 16% | 141% | 233% |
Second lowest | 18% | 0% | -1% | 0% | 0% | 18% | 193% | 403% | 18% | 192% | 402% |
Lowest | 14% | 0% | -1% | 0% | 0% | 0% | 270% | 1,384% | 0% | 269% | 1,375% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 46% | 0% | -2% | 0% | 0% | 47% | 101% | 169% | 47% | 100% | 167% |
Second highest | 27% | 0% | -1% | 0% | 0% | 33% | 118% | 237% | 33% | 118% | 237% |
Middle | 22% | 0% | -1% | 0% | 0% | 15% | 136% | 314% | 15% | 135% | 313% |
Second lowest | 21% | 0% | -1% | 0% | 0% | 9% | 165% | 490% | 9% | 164% | 487% |
Lowest | 13% | 0% | -1% | 0% | 0% | 0% | 183% | 1,028% | 0% | 182% | 1,028% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio without proposal at the— |
Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 66% | 0% | -8% | -5% | 0% | 0% | 119% | 375% | 0% | 113% | 363% |
Sex | |||||||||||
Female | 68% | 0% | -8% | -5% | 0% | 0% | 143% | 532% | 0% | 135% | 520% |
Male | 64% | 0% | -8% | -5% | 0% | 0% | 101% | 258% | 0% | 96% | 250% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 61% | 0% | -9% | -5% | 0% | 0% | 128% | 410% | 0% | 121% | 393% |
White, non-Hispanic | 70% | 0% | -8% | -5% | 0% | 14% | 118% | 372% | 12% | 112% | 360% |
Black or African American, non-Hispanic | 53% | 0% | -8% | -5% | 0% | 0% | 111% | 323% | 0% | 106% | 319% |
All other races, non-Hispanic | 67% | 0% | -9% | -6% | 0% | 0% | 106% | 410% | 0% | 100% | 394% |
Country of birth | |||||||||||
United States | 68% | 0% | -8% | -5% | 0% | 7% | 118% | 342% | 6% | 112% | 333% |
Other countries | 59% | 0% | -9% | -5% | 0% | 0% | 121% | 521% | 0% | 114% | 506% |
Highest education level | |||||||||||
Graduate | 79% | 0% | -8% | -5% | 0% | 21% | 105% | 271% | 18% | 99% | 258% |
Bachelor | 76% | 0% | -8% | -5% | 0% | 5% | 107% | 291% | 4% | 101% | 280% |
Associate | 65% | 0% | -8% | -5% | 0% | 0% | 120% | 329% | 0% | 114% | 321% |
High school | 59% | 0% | -8% | -5% | 0% | 0% | 130% | 483% | 0% | 124% | 472% |
Less than high school | 54% | 1% | -9% | -5% | 0% | 0% | 126% | 612% | 0% | 120% | 594% |
Current-law initial AIME quintile | |||||||||||
Highest | 89% | 0% | -8% | -6% | 0% | 37% | 87% | 124% | 34% | 82% | 117% |
Second highest | 76% | 0% | -8% | -5% | 0% | 34% | 117% | 176% | 33% | 110% | 169% |
Middle | 65% | 0% | -8% | -5% | 0% | 28% | 145% | 258% | 25% | 138% | 252% |
Second lowest | 58% | 0% | -9% | -4% | 0% | 0% | 204% | 522% | 0% | 195% | 514% |
Lowest | 40% | 1% | -9% | -3% | 0% | 0% | 122% | 1,803% | 0% | 115% | 1,746% |
Lifetime payroll tax quintile | |||||||||||
Highest | 90% | 0% | -8% | -6% | -2% | 40% | 88% | 125% | 37% | 83% | 118% |
Second highest | 75% | 0% | -8% | -5% | 0% | 36% | 117% | 178% | 34% | 111% | 171% |
Middle | 66% | 0% | -8% | -5% | 0% | 29% | 144% | 261% | 27% | 138% | 253% |
Second lowest | 59% | 0% | -9% | -4% | 0% | 0% | 197% | 467% | 0% | 188% | 456% |
Lowest | 38% | 1% | -9% | -3% | 0% | 0% | 121% | 1,917% | 0% | 113% | 1,863% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 90% | 0% | -8% | -6% | -1% | 42% | 90% | 149% | 39% | 85% | 142% |
Second highest | 79% | 0% | -8% | -5% | 0% | 43% | 119% | 247% | 39% | 113% | 241% |
Middle | 67% | 0% | -8% | -5% | 0% | 31% | 139% | 330% | 29% | 133% | 323% |
Second lowest | 59% | 0% | -8% | -4% | 0% | 7% | 176% | 565% | 0% | 167% | 544% |
Lowest | 34% | 1% | -10% | -4% | 0% | 0% | 66% | 922% | 0% | 62% | 901% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in benefit/tax ratio at the— | Benefit/tax ratio without proposal at the— |
Benefit/tax ratio with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Ratio decrease | Ratio increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 70% | 0% | -14% | -9% | 0% | 0% | 116% | 343% | 0% | 105% | 328% |
Sex | |||||||||||
Female | 73% | 0% | -14% | -9% | 0% | 0% | 137% | 486% | 0% | 125% | 462% |
Male | 68% | 0% | -14% | -9% | 0% | 0% | 99% | 245% | 0% | 90% | 230% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 67% | 0% | -14% | -9% | 0% | 0% | 124% | 369% | 0% | 112% | 351% |
White, non-Hispanic | 75% | 0% | -14% | -9% | 0% | 17% | 115% | 338% | 12% | 104% | 323% |
Black or African American, non-Hispanic | 59% | 0% | -14% | -8% | 0% | 0% | 112% | 306% | 0% | 103% | 293% |
All other races, non-Hispanic | 73% | 0% | -14% | -10% | 0% | 0% | 100% | 327% | 0% | 90% | 314% |
Country of birth | |||||||||||
United States | 72% | 0% | -14% | -9% | 0% | 11% | 116% | 318% | 7% | 105% | 303% |
Other countries | 65% | 0% | -14% | -10% | 0% | 0% | 116% | 475% | 0% | 105% | 444% |
Highest education level | |||||||||||
Graduate | 83% | 0% | -14% | -10% | 0% | 25% | 106% | 255% | 22% | 96% | 236% |
Bachelor | 81% | 0% | -14% | -10% | 0% | 8% | 103% | 272% | 6% | 94% | 258% |
Associate | 67% | 0% | -14% | -8% | 0% | 0% | 118% | 309% | 0% | 108% | 294% |
High school | 64% | 0% | -14% | -8% | 0% | 0% | 124% | 413% | 0% | 113% | 397% |
Less than high school | 63% | 0% | -16% | -9% | 0% | 0% | 127% | 547% | 0% | 116% | 518% |
Current-law initial AIME quintile | |||||||||||
Highest | 93% | 0% | -13% | -10% | -3% | 39% | 85% | 121% | 33% | 77% | 110% |
Second highest | 81% | 0% | -13% | -10% | 0% | 40% | 114% | 170% | 35% | 104% | 160% |
Middle | 70% | 0% | -14% | -8% | 0% | 29% | 138% | 246% | 25% | 126% | 236% |
Second lowest | 64% | 0% | -14% | -7% | 0% | 11% | 189% | 452% | 7% | 174% | 436% |
Lowest | 45% | 1% | -16% | -7% | 0% | 0% | 128% | 1,529% | 0% | 116% | 1,427% |
Lifetime payroll tax quintile | |||||||||||
Highest | 94% | 0% | -13% | -10% | -4% | 41% | 85% | 121% | 35% | 77% | 109% |
Second highest | 80% | 0% | -14% | -10% | 0% | 41% | 116% | 173% | 37% | 105% | 163% |
Middle | 70% | 0% | -14% | -8% | 0% | 31% | 139% | 254% | 27% | 127% | 243% |
Second lowest | 65% | 0% | -14% | -7% | 0% | 13% | 183% | 414% | 9% | 167% | 400% |
Lowest | 44% | 1% | -16% | -7% | 0% | 0% | 126% | 1,578% | 0% | 111% | 1,483% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 93% | 0% | -13% | -10% | -3% | 44% | 87% | 139% | 39% | 79% | 127% |
Second highest | 83% | 0% | -13% | -9% | 0% | 45% | 117% | 231% | 40% | 106% | 220% |
Middle | 72% | 0% | -14% | -8% | 0% | 34% | 136% | 307% | 30% | 123% | 293% |
Second lowest | 64% | 1% | -14% | -7% | 0% | 12% | 167% | 512% | 8% | 154% | 494% |
Lowest | 40% | 1% | -17% | -7% | 0% | 0% | 89% | 792% | 0% | 77% | 763% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate without proposal at the— |
Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 45% | 0% | -4% | 0% | 0% | 24% | 46% | 79% | 24% | 45% | 77% |
Sex | |||||||||||
Female | 45% | 0% | -5% | 0% | 0% | 28% | 51% | 90% | 27% | 50% | 90% |
Male | 44% | 0% | -4% | 0% | 0% | 22% | 42% | 66% | 22% | 41% | 64% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 42% | 0% | -5% | 0% | 0% | 28% | 50% | 84% | 27% | 50% | 81% |
White, non-Hispanic | 45% | 0% | -4% | 0% | 0% | 23% | 43% | 74% | 23% | 43% | 72% |
Black or African American, non-Hispanic | 38% | 0% | -4% | 0% | 0% | 28% | 51% | 85% | 28% | 50% | 82% |
All other races, non-Hispanic | 56% | 0% | -5% | -1% | 0% | 24% | 48% | 90% | 24% | 47% | 90% |
Country of birth | |||||||||||
United States | 43% | 0% | -4% | 0% | 0% | 23% | 44% | 75% | 23% | 43% | 73% |
Other countries | 52% | 0% | -5% | -1% | 0% | 28% | 53% | 90% | 28% | 52% | 90% |
Highest education level | |||||||||||
Graduate | 67% | 0% | -6% | -2% | 0% | 21% | 41% | 71% | 20% | 40% | 67% |
Bachelor | 57% | 0% | -5% | -1% | 0% | 22% | 42% | 77% | 21% | 41% | 73% |
Associate | 40% | 0% | -3% | 0% | 0% | 24% | 45% | 74% | 24% | 44% | 72% |
High school | 36% | 0% | -3% | 0% | 0% | 27% | 48% | 81% | 26% | 47% | 80% |
Less than high school | 32% | 0% | -4% | 0% | 0% | 33% | 56% | 90% | 33% | 55% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 65% | 0% | -4% | -2% | 0% | 17% | 31% | 47% | 16% | 30% | 46% |
Second highest | 51% | 0% | -4% | -1% | 0% | 24% | 38% | 56% | 23% | 37% | 54% |
Middle | 44% | 0% | -4% | 0% | 0% | 29% | 43% | 63% | 28% | 42% | 60% |
Second lowest | 36% | 0% | -5% | 0% | 0% | 38% | 51% | 77% | 38% | 51% | 73% |
Lowest | 26% | 0% | -5% | 0% | 0% | 53% | 70% | 119% | 53% | 69% | 114% |
Lifetime payroll tax quintile | |||||||||||
Highest | 69% | 0% | -4% | -2% | 0% | 16% | 33% | 50% | 16% | 32% | 49% |
Second highest | 51% | 0% | -4% | -1% | 0% | 23% | 37% | 57% | 22% | 37% | 55% |
Middle | 44% | 0% | -4% | 0% | 0% | 31% | 43% | 63% | 30% | 42% | 61% |
Second lowest | 36% | 0% | -5% | 0% | 0% | 37% | 50% | 78% | 37% | 50% | 74% |
Lowest | 24% | 0% | -4% | 0% | 0% | 52% | 68% | 113% | 52% | 67% | 110% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 69% | 0% | -4% | -2% | 0% | 18% | 36% | 53% | 17% | 35% | 52% |
Second highest | 49% | 0% | -4% | 0% | 0% | 22% | 38% | 62% | 21% | 37% | 60% |
Middle | 43% | 0% | -4% | 0% | 0% | 28% | 43% | 69% | 27% | 42% | 66% |
Second lowest | 36% | 0% | -4% | 0% | 0% | 33% | 50% | 82% | 33% | 49% | 80% |
Lowest | 26% | 0% | -4% | 0% | 0% | 46% | 63% | 92% | 45% | 63% | 90% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate without proposal at the— |
Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 54% | 10% | -27% | -5% | 0% | 24% | 47% | 85% | 16% | 43% | 77% |
Sex | |||||||||||
Female | 55% | 10% | -31% | -5% | 0% | 27% | 53% | 90% | 17% | 48% | 87% |
Male | 54% | 10% | -25% | -5% | 0% | 22% | 43% | 73% | 15% | 39% | 66% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 50% | 11% | -18% | 0% | 1% | 28% | 51% | 90% | 24% | 48% | 84% |
White, non-Hispanic | 56% | 9% | -31% | -6% | 0% | 23% | 45% | 81% | 14% | 41% | 73% |
Black or African American, non-Hispanic | 45% | 8% | -20% | 0% | 0% | 26% | 51% | 83% | 21% | 49% | 78% |
All other races, non-Hispanic | 68% | 9% | -85% | -9% | 0% | 22% | 46% | 90% | 6% | 39% | 77% |
Country of birth | |||||||||||
United States | 54% | 10% | -27% | -5% | 0% | 23% | 46% | 81% | 15% | 42% | 74% |
Other countries | 57% | 10% | -28% | -6% | 0% | 27% | 54% | 90% | 18% | 49% | 90% |
Highest education level | |||||||||||
Graduate | 71% | 8% | -100% | -9% | 0% | 21% | 42% | 75% | 0% | 34% | 64% |
Bachelor | 66% | 9% | -63% | -9% | 0% | 21% | 43% | 82% | 7% | 36% | 72% |
Associate | 51% | 10% | -18% | -1% | 0% | 24% | 45% | 76% | 22% | 43% | 71% |
High school | 46% | 10% | -14% | 0% | 0% | 28% | 51% | 89% | 25% | 49% | 84% |
Less than high school | 41% | 13% | -15% | 0% | 1% | 31% | 57% | 90% | 30% | 54% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 71% | 12% | -100% | -9% | 1% | 16% | 31% | 46% | 0% | 25% | 39% |
Second highest | 60% | 6% | -33% | -7% | 0% | 23% | 38% | 56% | 15% | 33% | 48% |
Middle | 54% | 7% | -18% | -5% | 0% | 29% | 45% | 65% | 24% | 41% | 56% |
Second lowest | 47% | 15% | -16% | 0% | 1% | 41% | 55% | 84% | 39% | 53% | 74% |
Lowest | 40% | 8% | -17% | 0% | 0% | 58% | 74% | 135% | 56% | 70% | 118% |
Lifetime payroll tax quintile | |||||||||||
Highest | 75% | 11% | -100% | -10% | 1% | 16% | 33% | 49% | 0% | 24% | 41% |
Second highest | 59% | 7% | -31% | -7% | 0% | 22% | 37% | 58% | 16% | 33% | 49% |
Middle | 53% | 7% | -18% | -3% | 0% | 30% | 45% | 66% | 26% | 41% | 57% |
Second lowest | 45% | 14% | -16% | 0% | 1% | 39% | 54% | 85% | 38% | 52% | 74% |
Lowest | 39% | 10% | -15% | 0% | 0% | 57% | 73% | 127% | 56% | 69% | 114% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 74% | 10% | -100% | -10% | 1% | 17% | 35% | 52% | 0% | 26% | 44% |
Second highest | 60% | 9% | -31% | -7% | 0% | 21% | 39% | 62% | 15% | 34% | 55% |
Middle | 53% | 9% | -18% | -3% | 0% | 27% | 44% | 73% | 24% | 41% | 64% |
Second lowest | 44% | 11% | -16% | 0% | 1% | 35% | 53% | 88% | 34% | 51% | 79% |
Lowest | 41% | 8% | -15% | 0% | 0% | 50% | 67% | 108% | 49% | 64% | 94% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in initial replacement rate at the— | Initial replacement rate without proposal at the— |
Initial replacement rate with proposal at the— |
|||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Rate decrease | Rate increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 53% | 15% | -66% | -5% | 1% | 24% | 48% | 84% | 8% | 41% | 73% |
Sex | |||||||||||
Female | 54% | 15% | -78% | -7% | 1% | 28% | 52% | 90% | 7% | 45% | 83% |
Male | 53% | 16% | -58% | -4% | 1% | 22% | 44% | 73% | 9% | 38% | 63% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 49% | 17% | -34% | 0% | 1% | 27% | 50% | 88% | 21% | 45% | 78% |
White, non-Hispanic | 55% | 15% | -79% | -8% | 1% | 23% | 46% | 81% | 6% | 38% | 70% |
Black or African American, non-Hispanic | 46% | 12% | -44% | 0% | 1% | 26% | 52% | 84% | 15% | 47% | 75% |
All other races, non-Hispanic | 68% | 13% | -100% | -17% | 1% | 22% | 45% | 84% | 0% | 35% | 69% |
Country of birth | |||||||||||
United States | 52% | 16% | -59% | -3% | 1% | 23% | 47% | 81% | 9% | 40% | 71% |
Other countries | 59% | 13% | -86% | -13% | 1% | 26% | 51% | 90% | 4% | 44% | 81% |
Highest education level | |||||||||||
Graduate | 69% | 13% | -100% | -18% | 1% | 21% | 43% | 80% | 0% | 31% | 63% |
Bachelor | 66% | 15% | -100% | -16% | 1% | 21% | 42% | 79% | 0% | 31% | 63% |
Associate | 47% | 16% | -32% | 0% | 1% | 25% | 47% | 77% | 20% | 42% | 69% |
High school | 46% | 15% | -28% | 0% | 1% | 28% | 50% | 88% | 24% | 47% | 80% |
Less than high school | 44% | 18% | -25% | 0% | 1% | 31% | 57% | 90% | 28% | 53% | 87% |
Current-law initial AIME quintile | |||||||||||
Highest | 69% | 20% | -100% | -17% | 2% | 16% | 31% | 47% | 0% | 23% | 36% |
Second highest | 61% | 12% | -66% | -14% | 1% | 24% | 39% | 57% | 8% | 32% | 45% |
Middle | 52% | 15% | -37% | -3% | 1% | 31% | 45% | 65% | 22% | 40% | 53% |
Second lowest | 44% | 19% | -30% | 0% | 2% | 41% | 55% | 84% | 34% | 51% | 69% |
Lowest | 40% | 11% | -24% | 0% | 1% | 58% | 74% | 128% | 55% | 67% | 107% |
Lifetime payroll tax quintile | |||||||||||
Highest | 74% | 17% | -100% | -18% | 2% | 16% | 33% | 49% | 0% | 22% | 36% |
Second highest | 61% | 13% | -64% | -14% | 1% | 23% | 39% | 58% | 10% | 32% | 45% |
Middle | 50% | 14% | -37% | -1% | 1% | 31% | 45% | 66% | 23% | 39% | 53% |
Second lowest | 44% | 19% | -26% | 0% | 2% | 40% | 54% | 83% | 37% | 51% | 69% |
Lowest | 39% | 13% | -22% | 0% | 1% | 57% | 73% | 122% | 55% | 67% | 104% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 72% | 17% | -100% | -18% | 2% | 16% | 35% | 51% | 0% | 22% | 40% |
Second highest | 60% | 16% | -66% | -14% | 1% | 22% | 40% | 63% | 8% | 33% | 50% |
Middle | 51% | 15% | -36% | -2% | 1% | 29% | 45% | 72% | 21% | 40% | 60% |
Second lowest | 43% | 17% | -26% | 0% | 1% | 37% | 53% | 88% | 34% | 50% | 73% |
Lowest | 41% | 11% | -23% | 0% | 1% | 50% | 67% | 102% | 47% | 63% | 90% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | |||||||||||
NOTES: Start date = 2022.
AIME = average indexed monthly earnings; %ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
For projected effects on the Social Security trust funds, see the Actuary's provision C2.2.