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Projected Effects of a Proposal to Increase Payroll Tax Rate
Details: From 12.4% to 15.9% in 2033 and then to 19.4% in 2063
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Characteristic | Percent of population with a— |
Percent change in Social Security benefits at the— |
|||
---|---|---|---|---|---|
Benefit decrease | Benefit increase |
10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 0% | 0% | 0% | 0% | 0% |
Male | 0% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 0% | 0% | 0% | 0% | 0% |
Other countries | 0% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Divorced | 0% | 0% | 0% | 0% | 0% |
Widowed | 0% | 0% | 0% | 0% | 0% |
Never married | 0% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 0% | 0% | 0% | 0% | 0% |
Associate | 0% | 0% | 0% | 0% | 0% |
High school | 0% | 0% | 0% | 0% | 0% |
Less than high school | 0% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 0% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 0% | 0% | 0% | 0% | 0% |
Second lowest | 0% | 0% | 0% | 0% | 0% |
Lowest | 0% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 0% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 0% | 0% | 0% | 0% | 0% |
Male | 0% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 0% | 0% | 0% | 0% | 0% |
Other countries | 0% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Divorced | 0% | 0% | 0% | 0% | 0% |
Widowed | 0% | 0% | 0% | 0% | 0% |
Never married | 0% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 0% | 0% | 0% | 0% | 0% |
Associate | 0% | 0% | 0% | 0% | 0% |
High school | 0% | 0% | 0% | 0% | 0% |
Less than high school | 0% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 0% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 0% | 0% | 0% | 0% | 0% |
Second lowest | 0% | 0% | 0% | 0% | 0% |
Lowest | 0% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 0% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 0% | 0% | 0% | 0% | 0% |
Male | 0% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 0% | 0% | 0% | 0% | 0% |
Other countries | 0% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Divorced | 0% | 0% | 0% | 0% | 0% |
Widowed | 0% | 0% | 0% | 0% | 0% |
Never married | 0% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 0% | 0% | 0% | 0% | 0% |
Associate | 0% | 0% | 0% | 0% | 0% |
High school | 0% | 0% | 0% | 0% | 0% |
Less than high school | 0% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 0% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 0% | 0% | 0% | 0% | 0% |
Second lowest | 0% | 0% | 0% | 0% | 0% |
Lowest | 0% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 0% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 0% | 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 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% | 100% | 28% | 28% | 28% | $387 | $2,280 | $6,743 |
Sex | ||||||||
Female | 0% | 100% | 28% | 28% | 28% | $353 | $1,995 | $5,489 |
Male | 0% | 100% | 28% | 28% | 28% | $438 | $2,576 | $7,330 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 100% | 28% | 28% | 28% | $330 | $1,835 | $4,919 |
White, non-Hispanic | 0% | 100% | 28% | 28% | 28% | $421 | $2,553 | $6,948 |
Black or African American, non-Hispanic | 0% | 100% | 28% | 28% | 28% | $319 | $1,903 | $5,335 |
All other races, non-Hispanic | 0% | 100% | 28% | 28% | 28% | $513 | $3,009 | $7,330 |
Country of birth | ||||||||
United States | 0% | 100% | 28% | 28% | 28% | $410 | $2,354 | $6,589 |
Other countries | 0% | 100% | 28% | 28% | 28% | $324 | $2,023 | $7,330 |
Age | ||||||||
31–39 | 0% | 100% | 28% | 28% | 28% | $438 | $2,331 | $6,430 |
40–49 | 0% | 100% | 28% | 28% | 28% | $461 | $2,428 | $7,330 |
50–59 | 0% | 100% | 28% | 28% | 28% | $490 | $2,422 | $7,262 |
60–69 | 0% | 100% | 28% | 28% | 28% | $307 | $1,784 | $5,928 |
70 or older | 0% | 100% | 27% | 28% | 28% | $28 | $2,080 | $5,010 |
Marital status | ||||||||
Married | 0% | 100% | 28% | 28% | 28% | $393 | $2,348 | $6,954 |
Divorced | 0% | 100% | 28% | 28% | 28% | $421 | $2,297 | $6,373 |
Widowed | 0% | 100% | 28% | 28% | 28% | $205 | $1,755 | $4,794 |
Never married | 0% | 100% | 28% | 28% | 28% | $381 | $2,188 | $6,720 |
Highest education level | ||||||||
Graduate | 0% | 100% | 28% | 28% | 28% | $729 | $3,876 | $7,330 |
Bachelor | 0% | 100% | 28% | 28% | 28% | $564 | $3,300 | $7,330 |
Associate | 0% | 100% | 28% | 28% | 28% | $393 | $2,080 | $5,096 |
High school | 0% | 100% | 28% | 28% | 28% | $290 | $1,750 | $4,400 |
Less than high school | 0% | 100% | 28% | 28% | 28% | $228 | $1,430 | $3,842 |
Current-law household income quintile | ||||||||
Highest | 0% | 100% | 28% | 28% | 28% | $1,459 | $5,706 | $7,330 |
Second highest | 0% | 100% | 28% | 28% | 28% | $957 | $3,557 | $6,640 |
Middle | 0% | 100% | 28% | 28% | 28% | $701 | $2,650 | $4,497 |
Second lowest | 0% | 100% | 28% | 28% | 28% | $450 | $2,023 | $3,009 |
Lowest | 0% | 100% | 28% | 28% | 28% | $68 | $786 | $1,681 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 100% | 28% | 28% | 28% | $4,987 | $6,743 | $7,330 |
Second highest | 0% | 100% | 28% | 28% | 28% | $2,964 | $3,585 | $4,412 |
Middle | 0% | 100% | 28% | 28% | 28% | $1,881 | $2,280 | $2,713 |
Second lowest | 0% | 100% | 28% | 28% | 28% | $957 | $1,328 | $1,698 |
Lowest | 0% | 99% | 27% | 28% | 28% | $28 | $387 | $780 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 06/30/2021. Ref #: OACT0615v1 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) at the— |
|||||
---|---|---|---|---|---|---|---|---|
Tax decrease | Tax increase | 10th %ile | Median | 90th %ile | 10th %ile | Median | 90th %ile | |
Total | 0% | 100% | 56% | 56% | 56% | $927 | $5,823 | $17,058 |
Sex | ||||||||
Female | 0% | 100% | 56% | 56% | 56% | $856 | $5,110 | $13,871 |
Male | 0% | 100% | 56% | 56% | 56% | $1,026 | $6,594 | $18,637 |
Race/ethnicity | ||||||||
Hispanic or Latino, any race | 0% | 100% | 56% | 56% | 56% | $788 | $4,772 | $12,698 |
White, non-Hispanic | 0% | 100% | 56% | 56% | 56% | $1,037 | $6,581 | $17,641 |
Black or African American, non-Hispanic | 0% | 100% | 56% | 56% | 56% | $750 | $4,841 | $13,274 |
All other races, non-Hispanic | 0% | 100% | 56% | 56% | 56% | $1,105 | $7,863 | $18,637 |
Country of birth | ||||||||
United States | 0% | 100% | 56% | 56% | 56% | $992 | $5,953 | $16,624 |
Other countries | 0% | 100% | 56% | 56% | 56% | $740 | $5,342 | $18,637 |
Age | ||||||||
31–39 | 0% | 100% | 56% | 56% | 56% | $1,170 | $5,946 | $16,276 |
40–49 | 0% | 100% | 56% | 56% | 56% | $1,105 | $6,226 | $18,637 |
50–59 | 0% | 100% | 56% | 56% | 56% | $1,146 | $6,147 | $18,637 |
60–69 | 0% | 100% | 56% | 56% | 56% | $689 | $4,506 | $15,369 |
70 or older | 0% | 100% | 56% | 56% | 56% | $75 | $5,557 | $13,199 |
Marital status | ||||||||
Married | 0% | 100% | 56% | 56% | 56% | $934 | $5,970 | $17,337 |
Divorced | 0% | 100% | 56% | 56% | 56% | $941 | $5,820 | $16,440 |
Widowed | 0% | 100% | 56% | 56% | 56% | $361 | $4,547 | $12,097 |
Never married | 0% | 100% | 56% | 56% | 56% | $962 | $5,663 | $17,378 |
Highest education level | ||||||||
Graduate | 0% | 100% | 56% | 56% | 56% | $1,777 | $9,412 | $18,637 |
Bachelor | 0% | 100% | 56% | 56% | 56% | $1,354 | $8,494 | $18,637 |
Associate | 0% | 100% | 56% | 56% | 56% | $975 | $5,359 | $12,797 |
High school | 0% | 100% | 56% | 56% | 56% | $692 | $4,424 | $11,275 |
Less than high school | 0% | 100% | 56% | 56% | 56% | $562 | $3,759 | $9,931 |
Current-law household income quintile | ||||||||
Highest | 0% | 100% | 56% | 56% | 56% | $3,790 | $14,509 | $18,637 |
Second highest | 0% | 100% | 56% | 56% | 56% | $2,435 | $9,074 | $16,686 |
Middle | 0% | 100% | 56% | 56% | 56% | $1,818 | $6,853 | $11,336 |
Second lowest | 0% | 100% | 56% | 56% | 56% | $1,204 | $5,103 | $7,570 |
Lowest | 0% | 100% | 56% | 56% | 56% | $139 | $1,937 | $4,203 |
Current-law payroll taxes quintile | ||||||||
Highest | 0% | 100% | 56% | 56% | 56% | $12,619 | $17,058 | $18,637 |
Second highest | 0% | 100% | 56% | 56% | 56% | $7,566 | $9,122 | $11,203 |
Middle | 0% | 100% | 56% | 56% | 56% | $4,803 | $5,823 | $6,942 |
Second lowest | 0% | 100% | 56% | 56% | 56% | $2,415 | $3,370 | $4,315 |
Lowest | 0% | 100% | 56% | 56% | 56% | $75 | $927 | $1,951 |
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 | 0% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 0% | 0% | 0% | 0% | 0% |
Male | 0% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 0% | 0% | 0% | 0% | 0% |
Other countries | 0% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Divorced | 0% | 0% | 0% | 0% | 0% |
Widowed | 0% | 0% | 0% | 0% | 0% |
Never married | 0% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 0% | 0% | 0% | 0% | 0% |
Associate | 0% | 0% | 0% | 0% | 0% |
High school | 0% | 0% | 0% | 0% | 0% |
Less than high school | 0% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 0% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 0% | 0% | 0% | 0% | 0% |
Second lowest | 0% | 0% | 0% | 0% | 0% |
Lowest | 0% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 0% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 0% | 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 an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 0% | 0% | 0% | 0% | 0% |
Male | 0% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 0% | 0% | 0% | 0% | 0% |
Other countries | 0% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Divorced | 0% | 0% | 0% | 0% | 0% |
Widowed | 0% | 0% | 0% | 0% | 0% |
Never married | 0% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 0% | 0% | 0% | 0% | 0% |
Associate | 0% | 0% | 0% | 0% | 0% |
High school | 0% | 0% | 0% | 0% | 0% |
Less than high school | 0% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 0% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 0% | 0% | 0% | 0% | 0% |
Second lowest | 0% | 0% | 0% | 0% | 0% |
Lowest | 0% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 0% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 0% | 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 an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 0% | 0% | 0% | 0% | 0% |
Sex | |||||
Female | 0% | 0% | 0% | 0% | 0% |
Male | 0% | 0% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% |
Country of birth | |||||
United States | 0% | 0% | 0% | 0% | 0% |
Other countries | 0% | 0% | 0% | 0% | 0% |
Age | |||||
60–69 | 0% | 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 | 0% | 0% | 0% | 0% | 0% |
Divorced | 0% | 0% | 0% | 0% | 0% |
Widowed | 0% | 0% | 0% | 0% | 0% |
Never married | 0% | 0% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 0% | 0% | 0% | 0% |
Bachelor | 0% | 0% | 0% | 0% | 0% |
Associate | 0% | 0% | 0% | 0% | 0% |
High school | 0% | 0% | 0% | 0% | 0% |
Less than high school | 0% | 0% | 0% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 0% | 0% | 0% | 0% | 0% |
In poverty | 0% | 0% | 0% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 0% | 0% | 0% | 0% |
Middle | 0% | 0% | 0% | 0% | 0% |
Second lowest | 0% | 0% | 0% | 0% | 0% |
Lowest | 0% | 0% | 0% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 0% | 0% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 0% | 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 | 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 | 3,237 | 0 | 0% |
Sex | ||||||
Female | 5% | 5% | 1,787 | 1,787 | 0 | 0% |
Male | 4% | 4% | 1,450 | 1,450 | 0 | 0% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 7% | 7% | 570 | 570 | 0 | 0% |
White, non-Hispanic | 3% | 3% | 1,804 | 1,804 | 0 | 0% |
Black or African American, non-Hispanic | 9% | 9% | 636 | 636 | 0 | 0% |
All other races, non-Hispanic | 6% | 6% | 228 | 228 | 0 | 0% |
Country of birth | ||||||
United States | 4% | 4% | 2,472 | 2,472 | 0 | 0% |
Other countries | 7% | 7% | 765 | 765 | 0 | 0% |
Age | ||||||
60–69 | 6% | 6% | 1,486 | 1,486 | 0 | 0% |
70–79 | 4% | 4% | 1,318 | 1,318 | 0 | 0% |
80–89 | 3% | 3% | 381 | 381 | 0 | 0% |
90 or older | 2% | 2% | 53 | 53 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 469 | 469 | 0 | 0% |
Divorced | 9% | 9% | 1,207 | 1,207 | 0 | 0% |
Widowed | 6% | 6% | 740 | 740 | 0 | 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 | 626 | 0 | 0% |
High school | 6% | 6% | 1,534 | 1,534 | 0 | 0% |
Less than high school | 12% | 12% | 717 | 717 | 0 | 0% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 0 | 0 | . . . |
In poverty | 100% | 100% | 3,237 | 3,237 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 4% | 2,252 | 2,252 | 0 | 0% |
Widow(er) (includes dually entitled) | 5% | 5% | 577 | 577 | 0 | 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.
. . . = 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 | 4% | 4% | 3,309 | 3,309 | 0 | 0% |
Sex | ||||||
Female | 4% | 4% | 1,862 | 1,862 | 0 | 0% |
Male | 4% | 4% | 1,447 | 1,447 | 0 | 0% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 6% | 6% | 897 | 897 | 0 | 0% |
White, non-Hispanic | 3% | 3% | 1,472 | 1,472 | 0 | 0% |
Black or African American, non-Hispanic | 8% | 8% | 679 | 679 | 0 | 0% |
All other races, non-Hispanic | 4% | 4% | 261 | 261 | 0 | 0% |
Country of birth | ||||||
United States | 4% | 4% | 2,260 | 2,260 | 0 | 0% |
Other countries | 6% | 6% | 1,048 | 1,048 | 0 | 0% |
Age | ||||||
60–69 | 5% | 5% | 1,277 | 1,277 | 0 | 0% |
70–79 | 4% | 4% | 1,105 | 1,105 | 0 | 0% |
80–89 | 3% | 3% | 734 | 734 | 0 | 0% |
90 or older | 3% | 3% | 193 | 193 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 457 | 457 | 0 | 0% |
Divorced | 6% | 6% | 948 | 948 | 0 | 0% |
Widowed | 5% | 5% | 750 | 750 | 0 | 0% |
Never married | 12% | 12% | 1,154 | 1,154 | 0 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 91 | 91 | 0 | 0% |
Bachelor | 2% | 2% | 280 | 280 | 0 | 0% |
Associate | 3% | 3% | 555 | 555 | 0 | 0% |
High school | 6% | 6% | 1,549 | 1,549 | 0 | 0% |
Less than high school | 11% | 11% | 834 | 834 | 0 | 0% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 0 | 0 | . . . |
In poverty | 100% | 100% | 3,309 | 3,309 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 4% | 2,500 | 2,500 | 0 | 0% |
Widow(er) (includes dually entitled) | 4% | 4% | 498 | 498 | 0 | 0% |
Spousal (includes dually entitled) | 1% | 1% | 99 | 99 | 0 | 0% |
Disabled worker only | 6% | 6% | 212 | 212 | 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.
. . . = 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% | 3% | 2,425 | 2,425 | 0 | 0% |
Sex | ||||||
Female | 3% | 3% | 1,304 | 1,304 | 0 | 0% |
Male | 2% | 2% | 1,121 | 1,121 | 0 | 0% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 3% | 3% | 769 | 769 | 0 | 0% |
White, non-Hispanic | 2% | 2% | 1,009 | 1,009 | 0 | 0% |
Black or African American, non-Hispanic | 4% | 4% | 392 | 392 | 0 | 0% |
All other races, non-Hispanic | 3% | 3% | 254 | 254 | 0 | 0% |
Country of birth | ||||||
United States | 2% | 2% | 1,586 | 1,586 | 0 | 0% |
Other countries | 4% | 4% | 839 | 839 | 0 | 0% |
Age | ||||||
60–69 | 3% | 3% | 795 | 795 | 0 | 0% |
70–79 | 3% | 3% | 906 | 906 | 0 | 0% |
80–89 | 3% | 3% | 585 | 585 | 0 | 0% |
90 or older | 2% | 2% | 139 | 139 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 292 | 292 | 0 | 0% |
Divorced | 3% | 3% | 613 | 613 | 0 | 0% |
Widowed | 3% | 3% | 473 | 473 | 0 | 0% |
Never married | 6% | 6% | 1,046 | 1,046 | 0 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 156 | 156 | 0 | 0% |
Bachelor | 1% | 1% | 218 | 218 | 0 | 0% |
Associate | 2% | 2% | 405 | 405 | 0 | 0% |
High school | 4% | 4% | 1,033 | 1,033 | 0 | 0% |
Less than high school | 6% | 6% | 613 | 613 | 0 | 0% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 0 | 0 | . . . |
In poverty | 100% | 100% | 2,425 | 2,425 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 3% | 3% | 1,958 | 1,958 | 0 | 0% |
Widow(er) (includes dually entitled) | 2% | 2% | 321 | 321 | 0 | 0% |
Spousal (includes dually entitled) | 1% | 1% | 41 | 41 | 0 | 0% |
Disabled worker only | 3% | 3% | 105 | 105 | 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.
. . . = 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% | -4% | 0% | 0% | 5% | 127% | 397% | 5% | 125% | 395% |
Sex | |||||||||||
Female | 25% | 0% | -4% | 0% | 0% | 23% | 159% | 562% | 23% | 157% | 556% |
Male | 26% | 0% | -4% | 0% | 0% | 0% | 105% | 239% | 0% | 103% | 236% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 22% | 0% | -4% | 0% | 0% | 0% | 141% | 506% | 0% | 140% | 493% |
White, non-Hispanic | 27% | 0% | -4% | 0% | 0% | 14% | 122% | 359% | 14% | 121% | 356% |
Black or African American, non-Hispanic | 19% | 0% | -3% | 0% | 0% | 0% | 131% | 410% | 0% | 129% | 410% |
All other races, non-Hispanic | 28% | 0% | -5% | 0% | 0% | 0% | 132% | 493% | 0% | 129% | 493% |
Country of birth | |||||||||||
United States | 25% | 0% | -4% | 0% | 0% | 12% | 123% | 363% | 12% | 121% | 360% |
Other countries | 26% | 0% | -5% | 0% | 0% | 0% | 144% | 525% | 0% | 142% | 518% |
Highest education level | |||||||||||
Graduate | 46% | 0% | -6% | 0% | 0% | 24% | 113% | 245% | 24% | 110% | 238% |
Bachelor | 37% | 0% | -5% | 0% | 0% | 25% | 120% | 324% | 25% | 117% | 321% |
Associate | 24% | 0% | -4% | 0% | 0% | 16% | 127% | 340% | 16% | 125% | 335% |
High school | 19% | 0% | -3% | 0% | 0% | 0% | 133% | 475% | 0% | 131% | 473% |
Less than high school | 11% | 0% | -1% | 0% | 0% | 0% | 141% | 718% | 0% | 140% | 718% |
Current-law initial AIME quintile | |||||||||||
Highest | 48% | 0% | -5% | 0% | 0% | 36% | 93% | 136% | 36% | 91% | 134% |
Second highest | 29% | 0% | -3% | 0% | 0% | 21% | 118% | 175% | 21% | 115% | 174% |
Middle | 21% | 0% | -3% | 0% | 0% | 10% | 140% | 234% | 10% | 138% | 232% |
Second lowest | 17% | 0% | -3% | 0% | 0% | 23% | 205% | 444% | 23% | 203% | 444% |
Lowest | 13% | 0% | -4% | 0% | 0% | 0% | 228% | 1,369% | 0% | 224% | 1,366% |
Lifetime payroll tax quintile | |||||||||||
Highest | 55% | 0% | -5% | -1% | 0% | 40% | 94% | 134% | 40% | 91% | 131% |
Second highest | 28% | 0% | -3% | 0% | 0% | 23% | 118% | 173% | 23% | 116% | 170% |
Middle | 20% | 0% | -3% | 0% | 0% | 16% | 141% | 235% | 16% | 139% | 232% |
Second lowest | 16% | 0% | -3% | 0% | 0% | 18% | 193% | 403% | 18% | 191% | 400% |
Lowest | 8% | 0% | -1% | 0% | 0% | 0% | 270% | 1,384% | 0% | 267% | 1,380% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 54% | 0% | -5% | -1% | 0% | 47% | 101% | 169% | 46% | 98% | 166% |
Second highest | 29% | 0% | -3% | 0% | 0% | 33% | 118% | 237% | 33% | 117% | 235% |
Middle | 21% | 0% | -3% | 0% | 0% | 15% | 136% | 314% | 15% | 135% | 311% |
Second lowest | 17% | 0% | -3% | 0% | 0% | 9% | 165% | 490% | 9% | 163% | 481% |
Lowest | 8% | 0% | -1% | 0% | 0% | 0% | 183% | 1,028% | 0% | 182% | 1,008% |
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 | 79% | 0% | -17% | -9% | -1% | 0% | 119% | 375% | 0% | 106% | 343% |
Sex | |||||||||||
Female | 79% | 0% | -17% | -10% | 0% | 0% | 143% | 532% | 0% | 128% | 488% |
Male | 78% | 0% | -15% | -9% | -1% | 0% | 101% | 258% | 0% | 91% | 233% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 74% | 0% | -19% | -9% | -1% | 0% | 128% | 410% | 0% | 115% | 367% |
White, non-Hispanic | 83% | 0% | -16% | -9% | -1% | 14% | 118% | 372% | 13% | 106% | 342% |
Black or African American, non-Hispanic | 70% | 0% | -15% | -8% | 0% | 0% | 111% | 323% | 0% | 100% | 306% |
All other races, non-Hispanic | 74% | 0% | -21% | -12% | -3% | 0% | 106% | 410% | 0% | 94% | 360% |
Country of birth | |||||||||||
United States | 82% | 0% | -15% | -9% | 0% | 7% | 118% | 342% | 7% | 106% | 319% |
Other countries | 70% | 0% | -22% | -11% | -1% | 0% | 121% | 521% | 0% | 106% | 469% |
Highest education level | |||||||||||
Graduate | 89% | 0% | -17% | -11% | -5% | 21% | 105% | 271% | 19% | 92% | 237% |
Bachelor | 86% | 0% | -17% | -11% | -4% | 5% | 107% | 291% | 5% | 95% | 253% |
Associate | 81% | 0% | -14% | -8% | -1% | 0% | 120% | 329% | 0% | 109% | 305% |
High school | 74% | 0% | -15% | -8% | 0% | 0% | 130% | 483% | 0% | 119% | 449% |
Less than high school | 66% | 0% | -21% | -9% | 0% | 0% | 126% | 612% | 0% | 114% | 553% |
Current-law initial AIME quintile | |||||||||||
Highest | 99% | 0% | -15% | -11% | -7% | 37% | 87% | 124% | 33% | 76% | 111% |
Second highest | 94% | 0% | -14% | -9% | -4% | 34% | 117% | 176% | 32% | 105% | 159% |
Middle | 87% | 0% | -14% | -8% | -1% | 28% | 145% | 258% | 25% | 131% | 238% |
Second lowest | 70% | 0% | -17% | -8% | 0% | 0% | 204% | 522% | 0% | 183% | 496% |
Lowest | 44% | 0% | -22% | -11% | 0% | 0% | 122% | 1,803% | 0% | 107% | 1,689% |
Lifetime payroll tax quintile | |||||||||||
Highest | 99% | 0% | -16% | -11% | -7% | 40% | 88% | 125% | 36% | 77% | 110% |
Second highest | 95% | 0% | -14% | -9% | -4% | 36% | 117% | 178% | 34% | 105% | 159% |
Middle | 88% | 0% | -15% | -8% | -2% | 29% | 144% | 261% | 27% | 131% | 238% |
Second lowest | 73% | 0% | -18% | -8% | 0% | 0% | 197% | 467% | 0% | 178% | 433% |
Lowest | 39% | 0% | -22% | -9% | 0% | 0% | 121% | 1,917% | 0% | 108% | 1,762% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 99% | 0% | -16% | -11% | -7% | 42% | 90% | 149% | 38% | 79% | 132% |
Second highest | 95% | 0% | -14% | -9% | -4% | 43% | 119% | 247% | 39% | 107% | 223% |
Middle | 88% | 0% | -15% | -8% | -1% | 31% | 139% | 330% | 29% | 126% | 305% |
Second lowest | 74% | 0% | -17% | -8% | 0% | 7% | 176% | 565% | 7% | 159% | 523% |
Lowest | 39% | 0% | -22% | -9% | 0% | 0% | 66% | 922% | 0% | 59% | 863% |
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 | 87% | 0% | -27% | -21% | -15% | 0% | 116% | 343% | 0% | 90% | 274% |
Sex | |||||||||||
Female | 89% | 0% | -27% | -22% | -14% | 0% | 137% | 486% | 0% | 107% | 394% |
Male | 86% | 0% | -26% | -21% | -15% | 0% | 99% | 245% | 0% | 77% | 192% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 84% | 0% | -27% | -21% | -15% | 0% | 124% | 369% | 0% | 97% | 290% |
White, non-Hispanic | 92% | 0% | -26% | -21% | -14% | 17% | 115% | 338% | 13% | 90% | 276% |
Black or African American, non-Hispanic | 84% | 0% | -26% | -21% | -14% | 0% | 112% | 306% | 0% | 88% | 244% |
All other races, non-Hispanic | 81% | 0% | -28% | -23% | -17% | 0% | 100% | 327% | 0% | 76% | 257% |
Country of birth | |||||||||||
United States | 91% | 0% | -26% | -21% | -14% | 11% | 116% | 318% | 9% | 91% | 258% |
Other countries | 78% | 0% | -30% | -23% | -17% | 0% | 116% | 475% | 0% | 88% | 357% |
Highest education level | |||||||||||
Graduate | 93% | 0% | -28% | -24% | -18% | 25% | 106% | 255% | 20% | 80% | 193% |
Bachelor | 91% | 0% | -27% | -23% | -17% | 8% | 103% | 272% | 6% | 79% | 216% |
Associate | 89% | 0% | -25% | -20% | -14% | 0% | 118% | 309% | 0% | 93% | 247% |
High school | 85% | 0% | -25% | -20% | -13% | 0% | 124% | 413% | 0% | 98% | 334% |
Less than high school | 79% | 0% | -27% | -21% | -14% | 0% | 127% | 547% | 0% | 99% | 436% |
Current-law initial AIME quintile | |||||||||||
Highest | 99% | 0% | -26% | -23% | -19% | 39% | 85% | 121% | 30% | 64% | 93% |
Second highest | 97% | 0% | -25% | -21% | -17% | 40% | 114% | 170% | 32% | 90% | 133% |
Middle | 94% | 0% | -26% | -20% | -15% | 29% | 138% | 246% | 23% | 109% | 196% |
Second lowest | 91% | 0% | -27% | -19% | -11% | 11% | 189% | 452% | 8% | 152% | 368% |
Lowest | 57% | 0% | -33% | -22% | -6% | 0% | 128% | 1,529% | 0% | 101% | 1,270% |
Lifetime payroll tax quintile | |||||||||||
Highest | 99% | 0% | -27% | -23% | -19% | 41% | 85% | 121% | 31% | 65% | 92% |
Second highest | 97% | 0% | -25% | -21% | -17% | 41% | 116% | 173% | 33% | 91% | 134% |
Middle | 94% | 0% | -26% | -20% | -15% | 31% | 139% | 254% | 25% | 109% | 199% |
Second lowest | 91% | 0% | -27% | -19% | -12% | 13% | 183% | 414% | 10% | 147% | 337% |
Lowest | 55% | 0% | -31% | -22% | -5% | 0% | 126% | 1,578% | 0% | 101% | 1,296% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 100% | 0% | -27% | -23% | -19% | 44% | 87% | 139% | 34% | 66% | 106% |
Second highest | 97% | 0% | -26% | -21% | -17% | 45% | 117% | 231% | 36% | 91% | 182% |
Middle | 95% | 0% | -26% | -20% | -15% | 34% | 136% | 307% | 28% | 107% | 247% |
Second lowest | 91% | 0% | -27% | -19% | -12% | 12% | 167% | 512% | 10% | 132% | 421% |
Lowest | 55% | 0% | -30% | -21% | -7% | 0% | 89% | 792% | 0% | 70% | 636% |
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 | 0% | 0% | 0% | 0% | 0% | 24% | 46% | 79% | 24% | 46% | 79% |
Sex | |||||||||||
Female | 0% | 0% | 0% | 0% | 0% | 28% | 51% | 90% | 28% | 51% | 90% |
Male | 0% | 0% | 0% | 0% | 0% | 22% | 42% | 66% | 22% | 42% | 66% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | 28% | 50% | 84% | 28% | 50% | 84% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 23% | 43% | 74% | 23% | 43% | 74% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 28% | 51% | 85% | 28% | 51% | 85% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 24% | 48% | 90% | 24% | 48% | 90% |
Country of birth | |||||||||||
United States | 0% | 0% | 0% | 0% | 0% | 23% | 44% | 75% | 23% | 44% | 75% |
Other countries | 0% | 0% | 0% | 0% | 0% | 28% | 53% | 90% | 28% | 53% | 90% |
Highest education level | |||||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | 21% | 41% | 71% | 21% | 41% | 71% |
Bachelor | 0% | 0% | 0% | 0% | 0% | 22% | 42% | 77% | 22% | 42% | 77% |
Associate | 0% | 0% | 0% | 0% | 0% | 24% | 45% | 74% | 24% | 45% | 74% |
High school | 0% | 0% | 0% | 0% | 0% | 27% | 48% | 81% | 27% | 48% | 81% |
Less than high school | 0% | 0% | 0% | 0% | 0% | 33% | 56% | 90% | 33% | 56% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 17% | 31% | 47% | 17% | 31% | 47% |
Second highest | 0% | 0% | 0% | 0% | 0% | 24% | 38% | 56% | 24% | 38% | 56% |
Middle | 0% | 0% | 0% | 0% | 0% | 29% | 43% | 63% | 29% | 43% | 63% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 38% | 51% | 77% | 38% | 51% | 77% |
Lowest | 0% | 0% | 0% | 0% | 0% | 53% | 70% | 119% | 53% | 70% | 119% |
Lifetime payroll tax quintile | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 16% | 33% | 50% | 16% | 33% | 50% |
Second highest | 0% | 0% | 0% | 0% | 0% | 23% | 37% | 57% | 23% | 37% | 57% |
Middle | 0% | 0% | 0% | 0% | 0% | 31% | 43% | 63% | 31% | 43% | 63% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 37% | 50% | 78% | 37% | 50% | 78% |
Lowest | 0% | 0% | 0% | 0% | 0% | 52% | 68% | 113% | 52% | 68% | 113% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 18% | 36% | 53% | 18% | 36% | 53% |
Second highest | 0% | 0% | 0% | 0% | 0% | 22% | 38% | 62% | 22% | 38% | 62% |
Middle | 0% | 0% | 0% | 0% | 0% | 28% | 43% | 69% | 28% | 43% | 69% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 33% | 50% | 82% | 33% | 50% | 82% |
Lowest | 0% | 0% | 0% | 0% | 0% | 46% | 63% | 92% | 46% | 63% | 92% |
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 | 0% | 0% | 0% | 0% | 0% | 24% | 47% | 85% | 24% | 47% | 85% |
Sex | |||||||||||
Female | 0% | 0% | 0% | 0% | 0% | 27% | 53% | 90% | 27% | 53% | 90% |
Male | 0% | 0% | 0% | 0% | 0% | 22% | 43% | 73% | 22% | 43% | 73% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | 28% | 51% | 90% | 28% | 51% | 90% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 23% | 45% | 81% | 23% | 45% | 81% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 26% | 51% | 83% | 26% | 51% | 83% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 22% | 46% | 90% | 22% | 46% | 90% |
Country of birth | |||||||||||
United States | 0% | 0% | 0% | 0% | 0% | 23% | 46% | 81% | 23% | 46% | 81% |
Other countries | 0% | 0% | 0% | 0% | 0% | 27% | 54% | 90% | 27% | 54% | 90% |
Highest education level | |||||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | 21% | 42% | 75% | 21% | 42% | 75% |
Bachelor | 0% | 0% | 0% | 0% | 0% | 21% | 43% | 82% | 21% | 43% | 82% |
Associate | 0% | 0% | 0% | 0% | 0% | 24% | 45% | 76% | 24% | 45% | 76% |
High school | 0% | 0% | 0% | 0% | 0% | 28% | 51% | 89% | 28% | 51% | 89% |
Less than high school | 0% | 0% | 0% | 0% | 0% | 31% | 57% | 90% | 31% | 57% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 16% | 31% | 46% | 16% | 31% | 46% |
Second highest | 0% | 0% | 0% | 0% | 0% | 23% | 38% | 56% | 23% | 38% | 56% |
Middle | 0% | 0% | 0% | 0% | 0% | 29% | 45% | 65% | 29% | 45% | 65% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 41% | 55% | 84% | 41% | 55% | 84% |
Lowest | 0% | 0% | 0% | 0% | 0% | 58% | 74% | 135% | 58% | 74% | 135% |
Lifetime payroll tax quintile | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 16% | 33% | 49% | 16% | 33% | 49% |
Second highest | 0% | 0% | 0% | 0% | 0% | 22% | 37% | 58% | 22% | 37% | 58% |
Middle | 0% | 0% | 0% | 0% | 0% | 30% | 45% | 66% | 30% | 45% | 66% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 39% | 54% | 85% | 39% | 54% | 85% |
Lowest | 0% | 0% | 0% | 0% | 0% | 57% | 73% | 127% | 57% | 73% | 127% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 17% | 35% | 52% | 17% | 35% | 52% |
Second highest | 0% | 0% | 0% | 0% | 0% | 21% | 39% | 62% | 21% | 39% | 62% |
Middle | 0% | 0% | 0% | 0% | 0% | 27% | 44% | 73% | 27% | 44% | 73% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 35% | 53% | 88% | 35% | 53% | 88% |
Lowest | 0% | 0% | 0% | 0% | 0% | 50% | 67% | 108% | 50% | 67% | 108% |
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 | 0% | 0% | 0% | 0% | 0% | 24% | 48% | 84% | 24% | 48% | 84% |
Sex | |||||||||||
Female | 0% | 0% | 0% | 0% | 0% | 28% | 52% | 90% | 28% | 52% | 90% |
Male | 0% | 0% | 0% | 0% | 0% | 22% | 44% | 73% | 22% | 44% | 73% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 0% | 0% | 0% | 0% | 0% | 27% | 50% | 88% | 27% | 50% | 88% |
White, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 23% | 46% | 81% | 23% | 46% | 81% |
Black or African American, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 26% | 52% | 84% | 26% | 52% | 84% |
All other races, non-Hispanic | 0% | 0% | 0% | 0% | 0% | 22% | 45% | 84% | 22% | 45% | 84% |
Country of birth | |||||||||||
United States | 0% | 0% | 0% | 0% | 0% | 23% | 47% | 81% | 23% | 47% | 81% |
Other countries | 0% | 0% | 0% | 0% | 0% | 26% | 51% | 90% | 26% | 51% | 90% |
Highest education level | |||||||||||
Graduate | 0% | 0% | 0% | 0% | 0% | 21% | 43% | 80% | 21% | 43% | 80% |
Bachelor | 0% | 0% | 0% | 0% | 0% | 21% | 42% | 79% | 21% | 42% | 79% |
Associate | 0% | 0% | 0% | 0% | 0% | 25% | 47% | 77% | 25% | 47% | 77% |
High school | 0% | 0% | 0% | 0% | 0% | 28% | 50% | 88% | 28% | 50% | 88% |
Less than high school | 0% | 0% | 0% | 0% | 0% | 31% | 57% | 90% | 31% | 57% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 16% | 31% | 47% | 16% | 31% | 47% |
Second highest | 0% | 0% | 0% | 0% | 0% | 24% | 39% | 57% | 24% | 39% | 57% |
Middle | 0% | 0% | 0% | 0% | 0% | 31% | 45% | 65% | 31% | 45% | 65% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 41% | 55% | 84% | 41% | 55% | 84% |
Lowest | 0% | 0% | 0% | 0% | 0% | 58% | 74% | 128% | 58% | 74% | 128% |
Lifetime payroll tax quintile | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 16% | 33% | 49% | 16% | 33% | 49% |
Second highest | 0% | 0% | 0% | 0% | 0% | 23% | 39% | 58% | 23% | 39% | 58% |
Middle | 0% | 0% | 0% | 0% | 0% | 31% | 45% | 66% | 31% | 45% | 66% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 40% | 54% | 83% | 40% | 54% | 83% |
Lowest | 0% | 0% | 0% | 0% | 0% | 57% | 73% | 122% | 57% | 73% | 122% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 0% | 0% | 0% | 0% | 0% | 16% | 35% | 51% | 16% | 35% | 51% |
Second highest | 0% | 0% | 0% | 0% | 0% | 22% | 40% | 63% | 22% | 40% | 63% |
Middle | 0% | 0% | 0% | 0% | 0% | 29% | 45% | 72% | 29% | 45% | 72% |
Second lowest | 0% | 0% | 0% | 0% | 0% | 37% | 53% | 88% | 37% | 53% | 88% |
Lowest | 0% | 0% | 0% | 0% | 0% | 50% | 67% | 102% | 50% | 67% | 102% |
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 E1.2.