HR 2304 · 117th Congress · Health

Save Social Security Act of 2021

Introduced 2021-04-01· Sponsored by Rep. Crist, Charlie [D-FL-13]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Social Security.(2021-04-01)

Plain Language Summary

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

Summarized by Claude AI · Non-partisan · For informational purposes only