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Projected Effects of a Proposal to Increase the Computation Period
Details: From 35 years to 40 years (does not apply to Disability Insurance)
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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 | 24% | 0% | -3% | 0% | 0% |
Sex | |||||
Female | 22% | 0% | -3% | 0% | 0% |
Male | 27% | 0% | -3% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 37% | 0% | -5% | 0% | 0% |
White, non-Hispanic | 22% | 0% | -3% | 0% | 0% |
Black or African American, non-Hispanic | 26% | 0% | -3% | 0% | 0% |
All other races, non-Hispanic | 29% | 0% | -4% | 0% | 0% |
Country of birth | |||||
United States | 22% | 0% | -3% | 0% | 0% |
Other countries | 35% | 0% | -5% | 0% | 0% |
Age | |||||
60–69 | 63% | 0% | -6% | -1% | 0% |
70–79 | 9% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 28% | 0% | -3% | 0% | 0% |
Divorced | 24% | 0% | -3% | 0% | 0% |
Widowed | 9% | 0% | 0% | 0% | 0% |
Never married | 33% | 0% | -4% | 0% | 0% |
Highest education level | |||||
Graduate | 20% | 0% | -2% | 0% | 0% |
Bachelor | 25% | 0% | -3% | 0% | 0% |
Associate | 24% | 0% | -3% | 0% | 0% |
High school | 24% | 0% | -3% | 0% | 0% |
Less than high school | 30% | 0% | -4% | 0% | 0% |
Current-law poverty status | |||||
Above poverty | 24% | 0% | -3% | 0% | 0% |
In poverty | 34% | 0% | -6% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 19% | 0% | -2% | 0% | 0% |
Second highest | 24% | 0% | -3% | 0% | 0% |
Middle | 27% | 0% | -3% | 0% | 0% |
Second lowest | 25% | 0% | -3% | 0% | 0% |
Lowest | 26% | 0% | -4% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 31% | 0% | -4% | 0% | 0% |
Widow(er) (includes dually entitled) | 3% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 19% | 0% | -2% | 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: 07/01/2021. 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 | 70% | 0% | -7% | -3% | 0% |
Sex | |||||
Female | 66% | 0% | -7% | -2% | 0% |
Male | 74% | 0% | -7% | -3% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 74% | 0% | -8% | -4% | 0% |
White, non-Hispanic | 68% | 0% | -7% | -2% | 0% |
Black or African American, non-Hispanic | 67% | 0% | -7% | -3% | 0% |
All other races, non-Hispanic | 76% | 0% | -8% | -3% | 0% |
Country of birth | |||||
United States | 68% | 0% | -7% | -2% | 0% |
Other countries | 75% | 0% | -9% | -4% | 0% |
Age | |||||
60–69 | 71% | 0% | -8% | -4% | 0% |
70–79 | 82% | 0% | -7% | -3% | 0% |
80–89 | 73% | 0% | -6% | -2% | 0% |
90 or older | 9% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 77% | 0% | -7% | -3% | 0% |
Divorced | 67% | 0% | -7% | -2% | 0% |
Widowed | 47% | 0% | -6% | 0% | 0% |
Never married | 76% | 0% | -9% | -4% | 0% |
Highest education level | |||||
Graduate | 72% | 0% | -7% | -2% | 0% |
Bachelor | 72% | 0% | -7% | -2% | 0% |
Associate | 70% | 0% | -7% | -3% | 0% |
High school | 66% | 0% | -7% | -2% | 0% |
Less than high school | 72% | 0% | -12% | -4% | 0% |
Current-law poverty status | |||||
Above poverty | 70% | 0% | -7% | -2% | 0% |
In poverty | 73% | 0% | -12% | -5% | 0% |
Current-law household income quintile | |||||
Highest | 70% | 0% | -6% | -2% | 0% |
Second highest | 74% | 0% | -7% | -2% | 0% |
Middle | 72% | 0% | -7% | -3% | 0% |
Second lowest | 67% | 0% | -7% | -3% | 0% |
Lowest | 64% | 0% | -12% | -4% | 0% |
Current-law benefit type | |||||
Retired worker only | 81% | 0% | -7% | -3% | 0% |
Widow(er) (includes dually entitled) | 29% | 0% | -4% | 0% | 0% |
Spousal (includes dually entitled) | 76% | 1% | -8% | -3% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 78% | 0% | -8% | -3% | 0% |
Sex | |||||
Female | 77% | 0% | -8% | -3% | 0% |
Male | 80% | 0% | -8% | -4% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 76% | 0% | -9% | -4% | 0% |
White, non-Hispanic | 79% | 0% | -7% | -3% | 0% |
Black or African American, non-Hispanic | 72% | 0% | -8% | -3% | 0% |
All other races, non-Hispanic | 84% | 0% | -9% | -4% | 0% |
Country of birth | |||||
United States | 78% | 0% | -7% | -3% | 0% |
Other countries | 80% | 0% | -12% | -5% | 0% |
Age | |||||
60–69 | 70% | 0% | -9% | -4% | 0% |
70–79 | 80% | 0% | -8% | -4% | 0% |
80–89 | 82% | 0% | -7% | -3% | 0% |
90 or older | 86% | 0% | -7% | -3% | 0% |
Marital status | |||||
Married | 82% | 0% | -8% | -4% | 0% |
Divorced | 72% | 0% | -7% | -3% | 0% |
Widowed | 72% | 0% | -7% | -3% | 0% |
Never married | 81% | 0% | -9% | -4% | 0% |
Highest education level | |||||
Graduate | 83% | 0% | -8% | -3% | 0% |
Bachelor | 85% | 0% | -7% | -3% | 0% |
Associate | 77% | 0% | -7% | -3% | 0% |
High school | 73% | 0% | -8% | -3% | 0% |
Less than high school | 75% | 0% | -12% | -5% | 0% |
Current-law poverty status | |||||
Above poverty | 78% | 0% | -7% | -3% | 0% |
In poverty | 82% | 0% | -12% | -12% | 0% |
Current-law household income quintile | |||||
Highest | 83% | 0% | -7% | -2% | 0% |
Second highest | 84% | 0% | -7% | -3% | 0% |
Middle | 80% | 0% | -7% | -3% | 0% |
Second lowest | 74% | 0% | -8% | -4% | 0% |
Lowest | 71% | 0% | -12% | -5% | 0% |
Current-law benefit type | |||||
Retired worker only | 88% | 0% | -8% | -4% | 0% |
Widow(er) (includes dually entitled) | 50% | 0% | -6% | 0% | 0% |
Spousal (includes dually entitled) | 81% | 1% | -8% | -4% | 0% |
Disabled worker only | 0% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v1 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) 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 | $0 |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. Ref #: OACT0615v1 | ||||||||
NOTES: Start date = 2022.
%ile = percentile.
Providing these estimates does not imply SSA support for the proposal, nor is SSA responsible for any interpretations of these estimates.
|
Characteristic | Percent of population with a— |
Percent change in Social Security taxes paid at the— | Change in taxes paid (in 2021$) 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: 07/01/2021. 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 | 11% | 0% | -1% | 0% | 0% |
Sex | |||||
Female | 9% | 0% | 0% | 0% | 0% |
Male | 13% | 0% | -1% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 19% | 0% | -1% | 0% | 0% |
White, non-Hispanic | 9% | 0% | 0% | 0% | 0% |
Black or African American, non-Hispanic | 12% | 0% | -1% | 0% | 0% |
All other races, non-Hispanic | 13% | 0% | -1% | 0% | 0% |
Country of birth | |||||
United States | 9% | 0% | 0% | 0% | 0% |
Other countries | 17% | 0% | -1% | 0% | 0% |
Age | |||||
60–69 | 29% | 0% | -2% | 0% | 0% |
70–79 | 3% | 0% | 0% | 0% | 0% |
80–89 | 0% | 0% | 0% | 0% | 0% |
90 or older | 0% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 11% | 0% | -1% | 0% | 0% |
Divorced | 13% | 0% | -1% | 0% | 0% |
Widowed | 4% | 0% | 0% | 0% | 0% |
Never married | 17% | 0% | -1% | 0% | 0% |
Highest education level | |||||
Graduate | 5% | 0% | 0% | 0% | 0% |
Bachelor | 8% | 0% | 0% | 0% | 0% |
Associate | 11% | 0% | -1% | 0% | 0% |
High school | 12% | 0% | -1% | 0% | 0% |
Less than high school | 17% | 0% | -1% | 0% | 0% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 4% | 0% | 0% | 0% | 0% |
Middle | 11% | 0% | -1% | 0% | 0% |
Second lowest | 16% | 0% | -1% | 0% | 0% |
Lowest | 21% | 0% | -2% | 0% | 0% |
Current-law benefit type | |||||
Retired worker only | 13% | 0% | -1% | 0% | 0% |
Widow(er) (includes dually entitled) | 2% | 0% | 0% | 0% | 0% |
Spousal (includes dually entitled) | 8% | 0% | 0% | 0% | 0% |
Disabled worker only | 5% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 47% | 0% | -4% | 0% | 0% |
Sex | |||||
Female | 45% | 0% | -4% | 0% | 0% |
Male | 49% | 0% | -4% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 58% | 0% | -5% | -1% | 0% |
White, non-Hispanic | 43% | 0% | -3% | 0% | 0% |
Black or African American, non-Hispanic | 49% | 0% | -4% | 0% | 0% |
All other races, non-Hispanic | 47% | 0% | -4% | 0% | 0% |
Country of birth | |||||
United States | 45% | 0% | -3% | 0% | 0% |
Other countries | 54% | 0% | -4% | -1% | 0% |
Age | |||||
60–69 | 50% | 0% | -4% | 0% | 0% |
70–79 | 58% | 0% | -4% | -1% | 0% |
80–89 | 43% | 0% | -3% | 0% | 0% |
90 or older | 4% | 0% | 0% | 0% | 0% |
Marital status | |||||
Married | 54% | 0% | -3% | -1% | 0% |
Divorced | 44% | 0% | -4% | 0% | 0% |
Widowed | 29% | 0% | -3% | 0% | 0% |
Never married | 51% | 0% | -5% | -1% | 0% |
Highest education level | |||||
Graduate | 38% | 0% | -2% | 0% | 0% |
Bachelor | 42% | 0% | -3% | 0% | 0% |
Associate | 50% | 0% | -4% | 0% | 0% |
High school | 50% | 0% | -4% | 0% | 0% |
Less than high school | 58% | 0% | -5% | -1% | 0% |
Current-law poverty status | |||||
Above poverty | 47% | 0% | -3% | 0% | 0% |
In poverty | 55% | 2% | -11% | -2% | 0% |
Current-law household income quintile | |||||
Highest | 9% | 0% | 0% | 0% | 0% |
Second highest | 40% | 0% | -1% | 0% | 0% |
Middle | 61% | 0% | -3% | -1% | 0% |
Second lowest | 66% | 0% | -4% | -1% | 0% |
Lowest | 60% | 1% | -6% | -2% | 0% |
Current-law benefit type | |||||
Retired worker only | 54% | 0% | -4% | -1% | 0% |
Widow(er) (includes dually entitled) | 21% | 0% | -2% | 0% | 0% |
Spousal (includes dually entitled) | 55% | 0% | -4% | -1% | 0% |
Disabled worker only | 7% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 56% | 0% | -4% | -1% | 0% |
Sex | |||||
Female | 56% | 0% | -4% | -1% | 0% |
Male | 56% | 0% | -4% | -1% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 61% | 0% | -5% | -1% | 0% |
White, non-Hispanic | 54% | 0% | -4% | -1% | 0% |
Black or African American, non-Hispanic | 55% | 0% | -5% | -1% | 0% |
All other races, non-Hispanic | 54% | 0% | -5% | -1% | 0% |
Country of birth | |||||
United States | 55% | 0% | -4% | -1% | 0% |
Other countries | 60% | 0% | -5% | -1% | 0% |
Age | |||||
60–69 | 51% | 0% | -4% | -1% | 0% |
70–79 | 59% | 0% | -5% | -1% | 0% |
80–89 | 58% | 0% | -4% | -1% | 0% |
90 or older | 53% | 0% | -4% | -1% | 0% |
Marital status | |||||
Married | 61% | 0% | -4% | -1% | 0% |
Divorced | 49% | 0% | -4% | 0% | 0% |
Widowed | 49% | 0% | -5% | 0% | 0% |
Never married | 57% | 0% | -5% | -1% | 0% |
Highest education level | |||||
Graduate | 49% | 0% | -4% | 0% | 0% |
Bachelor | 52% | 0% | -4% | -1% | 0% |
Associate | 59% | 0% | -4% | -1% | 0% |
High school | 59% | 0% | -5% | -1% | 0% |
Less than high school | 62% | 0% | -6% | -1% | 0% |
Current-law poverty status | |||||
Above poverty | 56% | 0% | -4% | -1% | 0% |
In poverty | 62% | 3% | -12% | -5% | 0% |
Current-law household income quintile | |||||
Highest | 13% | 0% | -1% | 0% | 0% |
Second highest | 51% | 0% | -2% | -1% | 0% |
Middle | 72% | 0% | -3% | -1% | 0% |
Second lowest | 76% | 0% | -5% | -2% | 0% |
Lowest | 69% | 1% | -7% | -3% | 0% |
Current-law benefit type | |||||
Retired worker only | 62% | 0% | -5% | -1% | 0% |
Widow(er) (includes dually entitled) | 38% | 0% | -4% | 0% | 0% |
Spousal (includes dually entitled) | 62% | 0% | -5% | -1% | 0% |
Disabled worker only | 8% | 0% | 0% | 0% | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 3,315 | 77 | 2% |
Sex | ||||||
Female | 5% | 5% | 1,787 | 1,820 | 33 | 1% |
Male | 4% | 5% | 1,450 | 1,494 | 44 | 3% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 7% | 7% | 570 | 574 | 4 | 0% |
White, non-Hispanic | 3% | 4% | 1,804 | 1,859 | 54 | 3% |
Black or African American, non-Hispanic | 9% | 9% | 636 | 642 | 6 | 0% |
All other races, non-Hispanic | 6% | 6% | 228 | 240 | 12 | 5% |
Country of birth | ||||||
United States | 4% | 4% | 2,472 | 2,529 | 56 | 2% |
Other countries | 7% | 7% | 765 | 786 | 21 | 2% |
Age | ||||||
60–69 | 6% | 7% | 1,486 | 1,560 | 73 | 4% |
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 | 486 | 16 | 3% |
Divorced | 9% | 9% | 1,207 | 1,239 | 31 | 2% |
Widowed | 6% | 6% | 740 | 750 | 10 | 1% |
Never married | 16% | 17% | 821 | 840 | 18 | 2% |
Highest education level | ||||||
Graduate | 1% | 1% | 97 | 99 | 2 | 2% |
Bachelor | 2% | 2% | 263 | 267 | 4 | 1% |
Associate | 4% | 4% | 626 | 643 | 16 | 2% |
High school | 6% | 6% | 1,534 | 1,568 | 34 | 2% |
Less than high school | 12% | 13% | 717 | 737 | 19 | 2% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 78 | 77 | . . . |
In poverty | 100% | 100% | 3,237 | 3,237 | 0 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 5% | 2,252 | 2,325 | 73 | 3% |
Widow(er) (includes dually entitled) | 5% | 5% | 577 | 578 | 1 | 0% |
Spousal (includes dually entitled) | 2% | 2% | 145 | 147 | 2 | 1% |
Disabled worker only | 10% | 10% | 263 | 263 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 3,604 | 295 | 8% |
Sex | ||||||
Female | 4% | 5% | 1,862 | 1,999 | 137 | 7% |
Male | 4% | 4% | 1,447 | 1,605 | 157 | 10% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 6% | 6% | 897 | 980 | 83 | 9% |
White, non-Hispanic | 3% | 3% | 1,472 | 1,587 | 115 | 7% |
Black or African American, non-Hispanic | 8% | 9% | 679 | 745 | 66 | 9% |
All other races, non-Hispanic | 4% | 4% | 261 | 292 | 30 | 11% |
Country of birth | ||||||
United States | 4% | 4% | 2,260 | 2,455 | 194 | 8% |
Other countries | 6% | 6% | 1,048 | 1,149 | 100 | 9% |
Age | ||||||
60–69 | 5% | 6% | 1,277 | 1,377 | 100 | 7% |
70–79 | 4% | 4% | 1,105 | 1,243 | 137 | 12% |
80–89 | 3% | 4% | 734 | 790 | 56 | 7% |
90 or older | 3% | 3% | 193 | 193 | 0 | 0% |
Marital status | ||||||
Married | 1% | 1% | 457 | 508 | 51 | 11% |
Divorced | 6% | 7% | 948 | 1,047 | 98 | 10% |
Widowed | 5% | 5% | 750 | 807 | 56 | 7% |
Never married | 12% | 13% | 1,154 | 1,243 | 88 | 7% |
Highest education level | ||||||
Graduate | 1% | 1% | 91 | 95 | 4 | 5% |
Bachelor | 2% | 2% | 280 | 325 | 45 | 16% |
Associate | 3% | 3% | 555 | 628 | 73 | 13% |
High school | 6% | 6% | 1,549 | 1,680 | 130 | 8% |
Less than high school | 11% | 11% | 834 | 875 | 41 | 4% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 314 | 313 | . . . |
In poverty | 100% | 99% | 3,309 | 3,290 | -18 | 0% |
Current-law benefit type | ||||||
Retired worker only | 4% | 5% | 2,500 | 2,760 | 259 | 10% |
Widow(er) (includes dually entitled) | 4% | 4% | 498 | 514 | 16 | 3% |
Spousal (includes dually entitled) | 1% | 2% | 99 | 118 | 18 | 19% |
Disabled worker only | 6% | 6% | 212 | 212 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 2,805 | 380 | 15% |
Sex | ||||||
Female | 3% | 3% | 1,304 | 1,513 | 209 | 16% |
Male | 2% | 3% | 1,121 | 1,292 | 170 | 15% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 3% | 4% | 769 | 910 | 140 | 18% |
White, non-Hispanic | 2% | 2% | 1,009 | 1,168 | 159 | 15% |
Black or African American, non-Hispanic | 4% | 5% | 392 | 440 | 48 | 12% |
All other races, non-Hispanic | 3% | 3% | 254 | 286 | 31 | 12% |
Country of birth | ||||||
United States | 2% | 3% | 1,586 | 1,834 | 247 | 15% |
Other countries | 4% | 5% | 839 | 971 | 132 | 15% |
Age | ||||||
60–69 | 3% | 3% | 795 | 922 | 127 | 16% |
70–79 | 3% | 3% | 906 | 1,033 | 126 | 13% |
80–89 | 3% | 3% | 585 | 676 | 91 | 15% |
90 or older | 2% | 2% | 139 | 173 | 33 | 24% |
Marital status | ||||||
Married | 1% | 1% | 292 | 331 | 39 | 13% |
Divorced | 3% | 4% | 613 | 705 | 91 | 14% |
Widowed | 3% | 4% | 473 | 570 | 96 | 20% |
Never married | 6% | 7% | 1,046 | 1,199 | 152 | 14% |
Highest education level | ||||||
Graduate | 1% | 1% | 156 | 174 | 18 | 11% |
Bachelor | 1% | 1% | 218 | 256 | 38 | 17% |
Associate | 2% | 2% | 405 | 484 | 79 | 19% |
High school | 4% | 4% | 1,033 | 1,192 | 159 | 15% |
Less than high school | 6% | 7% | 613 | 698 | 85 | 13% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 394 | 394 | . . . |
In poverty | 100% | 99% | 2,425 | 2,410 | -14 | 0% |
Current-law benefit type | ||||||
Retired worker only | 3% | 3% | 1,958 | 2,283 | 324 | 16% |
Widow(er) (includes dually entitled) | 2% | 3% | 321 | 372 | 51 | 16% |
Spousal (includes dually entitled) | 1% | 1% | 41 | 45 | 4 | 9% |
Disabled worker only | 3% | 3% | 105 | 105 | 0 | 0% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 57% | 0% | -5% | -1% | 0% | 5% | 127% | 397% | 5% | 123% | 392% |
Sex | |||||||||||
Female | 54% | 0% | -5% | -1% | 0% | 23% | 159% | 562% | 23% | 155% | 555% |
Male | 60% | 0% | -5% | -2% | 0% | 0% | 105% | 239% | 0% | 102% | 233% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 61% | 0% | -7% | -2% | 0% | 0% | 141% | 506% | 0% | 135% | 498% |
White, non-Hispanic | 57% | 0% | -5% | -1% | 0% | 14% | 122% | 359% | 13% | 120% | 354% |
Black or African American, non-Hispanic | 49% | 0% | -5% | -1% | 0% | 0% | 131% | 410% | 0% | 127% | 408% |
All other races, non-Hispanic | 60% | 0% | -6% | -2% | 0% | 0% | 132% | 493% | 0% | 127% | 483% |
Country of birth | |||||||||||
United States | 56% | 0% | -5% | -1% | 0% | 12% | 123% | 363% | 11% | 120% | 359% |
Other countries | 62% | 0% | -7% | -2% | 0% | 0% | 144% | 525% | 0% | 139% | 516% |
Highest education level | |||||||||||
Graduate | 68% | 0% | -5% | -2% | 0% | 24% | 113% | 245% | 24% | 110% | 235% |
Bachelor | 66% | 0% | -5% | -1% | 0% | 25% | 120% | 324% | 25% | 116% | 316% |
Associate | 55% | 0% | -5% | -1% | 0% | 16% | 127% | 340% | 16% | 123% | 335% |
High school | 52% | 0% | -5% | -1% | 0% | 0% | 133% | 475% | 0% | 129% | 472% |
Less than high school | 50% | 0% | -7% | -2% | 0% | 0% | 141% | 718% | 0% | 135% | 712% |
Current-law initial AIME quintile | |||||||||||
Highest | 70% | 0% | -4% | -1% | 0% | 36% | 93% | 136% | 35% | 91% | 132% |
Second highest | 68% | 0% | -5% | -2% | 0% | 21% | 118% | 175% | 20% | 114% | 170% |
Middle | 59% | 0% | -5% | -1% | 0% | 10% | 140% | 234% | 9% | 135% | 229% |
Second lowest | 52% | 0% | -5% | -1% | 0% | 23% | 205% | 444% | 22% | 198% | 442% |
Lowest | 36% | 0% | -7% | 0% | 0% | 0% | 228% | 1,369% | 0% | 217% | 1,343% |
Lifetime payroll tax quintile | |||||||||||
Highest | 69% | 0% | -3% | -1% | 0% | 40% | 94% | 134% | 40% | 92% | 131% |
Second highest | 67% | 0% | -5% | -2% | 0% | 23% | 118% | 173% | 22% | 114% | 168% |
Middle | 60% | 0% | -6% | -1% | 0% | 16% | 141% | 235% | 15% | 137% | 232% |
Second lowest | 53% | 0% | -5% | -1% | 0% | 18% | 193% | 403% | 17% | 188% | 400% |
Lowest | 36% | 0% | -8% | 0% | 0% | 0% | 270% | 1,384% | 0% | 258% | 1,366% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 70% | 0% | -4% | -1% | 0% | 47% | 101% | 169% | 46% | 99% | 164% |
Second highest | 63% | 0% | -5% | -1% | 0% | 33% | 118% | 237% | 32% | 116% | 234% |
Middle | 59% | 0% | -5% | -1% | 0% | 15% | 136% | 314% | 14% | 131% | 309% |
Second lowest | 53% | 0% | -6% | -1% | 0% | 9% | 165% | 490% | 9% | 160% | 484% |
Lowest | 39% | 0% | -8% | -1% | 0% | 0% | 183% | 1,028% | 0% | 176% | 1,019% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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% | -3% | 0% | 0% | 119% | 375% | 0% | 113% | 364% |
Sex | |||||||||||
Female | 66% | 0% | -8% | -3% | 0% | 0% | 143% | 532% | 0% | 137% | 522% |
Male | 65% | 0% | -7% | -3% | 0% | 0% | 101% | 258% | 0% | 97% | 248% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 62% | 0% | -9% | -4% | 0% | 0% | 128% | 410% | 0% | 122% | 389% |
White, non-Hispanic | 70% | 0% | -7% | -3% | 0% | 14% | 118% | 372% | 13% | 113% | 361% |
Black or African American, non-Hispanic | 53% | 0% | -8% | -3% | 0% | 0% | 111% | 323% | 0% | 107% | 317% |
All other races, non-Hispanic | 68% | 0% | -9% | -4% | 0% | 0% | 106% | 410% | 0% | 101% | 389% |
Country of birth | |||||||||||
United States | 68% | 0% | -7% | -3% | 0% | 7% | 118% | 342% | 7% | 113% | 335% |
Other countries | 60% | 0% | -12% | -5% | 0% | 0% | 121% | 521% | 0% | 114% | 513% |
Highest education level | |||||||||||
Graduate | 79% | 0% | -7% | -3% | 0% | 21% | 105% | 271% | 20% | 101% | 257% |
Bachelor | 76% | 0% | -7% | -3% | 0% | 5% | 107% | 291% | 5% | 103% | 279% |
Associate | 65% | 0% | -7% | -3% | 0% | 0% | 120% | 329% | 0% | 116% | 323% |
High school | 58% | 0% | -8% | -3% | 0% | 0% | 130% | 483% | 0% | 125% | 475% |
Less than high school | 55% | 0% | -12% | -5% | 0% | 0% | 126% | 612% | 0% | 119% | 589% |
Current-law initial AIME quintile | |||||||||||
Highest | 88% | 0% | -5% | -2% | 0% | 37% | 87% | 124% | 36% | 84% | 120% |
Second highest | 79% | 0% | -7% | -4% | 0% | 34% | 117% | 176% | 33% | 111% | 170% |
Middle | 66% | 0% | -7% | -4% | 0% | 28% | 145% | 258% | 27% | 139% | 252% |
Second lowest | 58% | 0% | -12% | -4% | 0% | 0% | 204% | 522% | 0% | 192% | 515% |
Lowest | 36% | 0% | -12% | -4% | 0% | 0% | 122% | 1,803% | 0% | 113% | 1,756% |
Lifetime payroll tax quintile | |||||||||||
Highest | 89% | 0% | -5% | -2% | 0% | 40% | 88% | 125% | 39% | 85% | 121% |
Second highest | 78% | 0% | -7% | -4% | 0% | 36% | 117% | 178% | 35% | 112% | 172% |
Middle | 66% | 0% | -7% | -4% | 0% | 29% | 144% | 261% | 28% | 138% | 255% |
Second lowest | 60% | 0% | -9% | -4% | 0% | 0% | 197% | 467% | 0% | 187% | 456% |
Lowest | 35% | 0% | -12% | -4% | 0% | 0% | 121% | 1,917% | 0% | 108% | 1,892% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 87% | 0% | -5% | -2% | 0% | 42% | 90% | 149% | 41% | 88% | 144% |
Second highest | 81% | 0% | -7% | -3% | 0% | 43% | 119% | 247% | 41% | 114% | 241% |
Middle | 67% | 0% | -7% | -4% | 0% | 31% | 139% | 330% | 30% | 133% | 326% |
Second lowest | 58% | 0% | -7% | -4% | 0% | 7% | 176% | 565% | 7% | 167% | 549% |
Lowest | 34% | 0% | -12% | -5% | 0% | 0% | 66% | 922% | 0% | 61% | 897% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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% | -3% | 0% | 0% | 116% | 343% | 0% | 110% | 334% |
Sex | |||||||||||
Female | 67% | 0% | -8% | -3% | 0% | 0% | 137% | 486% | 0% | 130% | 476% |
Male | 65% | 0% | -7% | -3% | 0% | 0% | 99% | 245% | 0% | 95% | 235% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 62% | 0% | -8% | -4% | 0% | 0% | 124% | 369% | 0% | 118% | 359% |
White, non-Hispanic | 70% | 0% | -7% | -3% | 0% | 17% | 115% | 338% | 16% | 110% | 329% |
Black or African American, non-Hispanic | 56% | 0% | -8% | -3% | 0% | 0% | 112% | 306% | 0% | 107% | 304% |
All other races, non-Hispanic | 68% | 0% | -8% | -4% | 0% | 0% | 100% | 327% | 0% | 96% | 315% |
Country of birth | |||||||||||
United States | 68% | 0% | -7% | -3% | 0% | 11% | 116% | 318% | 10% | 111% | 309% |
Other countries | 61% | 0% | -10% | -4% | 0% | 0% | 116% | 475% | 0% | 110% | 457% |
Highest education level | |||||||||||
Graduate | 78% | 0% | -7% | -3% | 0% | 25% | 106% | 255% | 25% | 101% | 243% |
Bachelor | 77% | 0% | -7% | -3% | 0% | 8% | 103% | 272% | 8% | 99% | 262% |
Associate | 64% | 0% | -7% | -3% | 0% | 0% | 118% | 309% | 0% | 112% | 303% |
High school | 59% | 0% | -7% | -3% | 0% | 0% | 124% | 413% | 0% | 118% | 404% |
Less than high school | 58% | 0% | -12% | -4% | 0% | 0% | 127% | 547% | 0% | 119% | 535% |
Current-law initial AIME quintile | |||||||||||
Highest | 87% | 0% | -5% | -2% | 0% | 39% | 85% | 121% | 38% | 82% | 117% |
Second highest | 79% | 0% | -7% | -4% | 0% | 40% | 114% | 170% | 38% | 109% | 165% |
Middle | 67% | 0% | -7% | -4% | 0% | 29% | 138% | 246% | 27% | 131% | 241% |
Second lowest | 58% | 0% | -11% | -4% | 0% | 11% | 189% | 452% | 9% | 179% | 444% |
Lowest | 37% | 0% | -12% | -4% | 0% | 0% | 128% | 1,529% | 0% | 119% | 1,494% |
Lifetime payroll tax quintile | |||||||||||
Highest | 88% | 0% | -5% | -2% | 0% | 41% | 85% | 121% | 40% | 82% | 117% |
Second highest | 78% | 0% | -7% | -4% | 0% | 41% | 116% | 173% | 40% | 110% | 167% |
Middle | 67% | 0% | -7% | -4% | 0% | 31% | 139% | 254% | 30% | 132% | 247% |
Second lowest | 59% | 0% | -8% | -4% | 0% | 13% | 183% | 414% | 13% | 174% | 410% |
Lowest | 37% | 0% | -12% | -5% | 0% | 0% | 126% | 1,578% | 0% | 114% | 1,542% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 87% | 0% | -5% | -2% | 0% | 44% | 87% | 139% | 43% | 85% | 134% |
Second highest | 80% | 0% | -7% | -3% | 0% | 45% | 117% | 231% | 44% | 111% | 223% |
Middle | 67% | 0% | -7% | -4% | 0% | 34% | 136% | 307% | 33% | 129% | 300% |
Second lowest | 58% | 0% | -7% | -4% | 0% | 12% | 167% | 512% | 12% | 159% | 503% |
Lowest | 36% | 0% | -12% | -6% | 0% | 0% | 89% | 792% | 0% | 81% | 775% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 2% | 66% | 0% | 2% | 6% | 24% | 46% | 79% | 25% | 47% | 81% |
Sex | |||||||||||
Female | 2% | 65% | 0% | 2% | 7% | 28% | 51% | 90% | 28% | 52% | 90% |
Male | 2% | 66% | 0% | 2% | 6% | 22% | 42% | 66% | 23% | 42% | 67% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 2% | 64% | 0% | 2% | 6% | 28% | 50% | 84% | 28% | 52% | 87% |
White, non-Hispanic | 2% | 68% | 0% | 2% | 6% | 23% | 43% | 74% | 24% | 45% | 77% |
Black or African American, non-Hispanic | 2% | 52% | 0% | 1% | 5% | 28% | 51% | 85% | 29% | 51% | 87% |
All other races, non-Hispanic | 3% | 70% | 0% | 2% | 7% | 24% | 48% | 90% | 25% | 50% | 90% |
Country of birth | |||||||||||
United States | 2% | 65% | 0% | 2% | 6% | 23% | 44% | 75% | 24% | 45% | 77% |
Other countries | 2% | 69% | 0% | 2% | 7% | 28% | 53% | 90% | 29% | 55% | 90% |
Highest education level | |||||||||||
Graduate | 2% | 83% | 0% | 3% | 7% | 21% | 41% | 71% | 22% | 43% | 74% |
Bachelor | 2% | 78% | 0% | 3% | 7% | 22% | 42% | 77% | 22% | 43% | 79% |
Associate | 2% | 63% | 0% | 1% | 6% | 24% | 45% | 74% | 25% | 45% | 76% |
High school | 2% | 58% | 0% | 1% | 5% | 27% | 48% | 81% | 27% | 49% | 84% |
Less than high school | 1% | 55% | 0% | 1% | 6% | 33% | 56% | 90% | 34% | 57% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 2% | 87% | 0% | 3% | 7% | 17% | 31% | 47% | 17% | 31% | 50% |
Second highest | 3% | 70% | 0% | 1% | 4% | 24% | 38% | 56% | 24% | 38% | 58% |
Middle | 3% | 64% | 0% | 1% | 5% | 29% | 43% | 63% | 30% | 43% | 65% |
Second lowest | 1% | 68% | 0% | 2% | 7% | 38% | 51% | 77% | 39% | 52% | 80% |
Lowest | 1% | 39% | 0% | 0% | 8% | 53% | 70% | 119% | 54% | 71% | 126% |
Lifetime payroll tax quintile | |||||||||||
Highest | 3% | 86% | 0% | 3% | 7% | 16% | 33% | 50% | 17% | 34% | 52% |
Second highest | 3% | 69% | 0% | 1% | 4% | 23% | 37% | 57% | 23% | 38% | 59% |
Middle | 2% | 66% | 0% | 1% | 5% | 31% | 43% | 63% | 31% | 43% | 66% |
Second lowest | 2% | 68% | 0% | 2% | 7% | 37% | 50% | 78% | 38% | 52% | 81% |
Lowest | 1% | 39% | 0% | 0% | 8% | 52% | 68% | 113% | 53% | 69% | 119% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 2% | 87% | 0% | 3% | 7% | 18% | 36% | 53% | 18% | 37% | 56% |
Second highest | 3% | 72% | 0% | 2% | 5% | 22% | 38% | 62% | 22% | 39% | 63% |
Middle | 2% | 66% | 0% | 1% | 5% | 28% | 43% | 69% | 28% | 43% | 72% |
Second lowest | 2% | 62% | 0% | 2% | 6% | 33% | 50% | 82% | 33% | 50% | 86% |
Lowest | 1% | 41% | 0% | 0% | 6% | 46% | 63% | 92% | 47% | 63% | 96% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 4% | 69% | 0% | 4% | 8% | 24% | 47% | 85% | 25% | 49% | 88% |
Sex | |||||||||||
Female | 4% | 67% | 0% | 4% | 8% | 27% | 53% | 90% | 28% | 55% | 93% |
Male | 4% | 70% | 0% | 3% | 7% | 22% | 43% | 73% | 23% | 44% | 75% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 4% | 64% | 0% | 3% | 8% | 28% | 51% | 90% | 29% | 53% | 90% |
White, non-Hispanic | 4% | 71% | 0% | 4% | 8% | 23% | 45% | 81% | 24% | 47% | 85% |
Black or African American, non-Hispanic | 4% | 56% | 0% | 2% | 7% | 26% | 51% | 83% | 27% | 53% | 85% |
All other races, non-Hispanic | 5% | 79% | 0% | 5% | 8% | 22% | 46% | 90% | 22% | 48% | 90% |
Country of birth | |||||||||||
United States | 4% | 69% | 0% | 4% | 8% | 23% | 46% | 81% | 24% | 47% | 84% |
Other countries | 4% | 65% | 0% | 4% | 8% | 27% | 54% | 90% | 28% | 56% | 92% |
Highest education level | |||||||||||
Graduate | 5% | 82% | 0% | 5% | 8% | 21% | 42% | 75% | 22% | 44% | 79% |
Bachelor | 5% | 79% | 0% | 5% | 8% | 21% | 43% | 82% | 21% | 44% | 88% |
Associate | 4% | 68% | 0% | 3% | 7% | 24% | 45% | 76% | 25% | 47% | 80% |
High school | 3% | 60% | 0% | 2% | 7% | 28% | 51% | 89% | 29% | 52% | 90% |
Less than high school | 4% | 55% | 0% | 2% | 7% | 31% | 57% | 90% | 31% | 59% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 5% | 90% | 1% | 6% | 8% | 16% | 31% | 46% | 17% | 32% | 50% |
Second highest | 6% | 79% | 0% | 3% | 6% | 23% | 38% | 56% | 23% | 39% | 59% |
Middle | 4% | 74% | 0% | 3% | 6% | 29% | 45% | 65% | 30% | 46% | 68% |
Second lowest | 3% | 68% | 0% | 6% | 8% | 41% | 55% | 84% | 43% | 57% | 91% |
Lowest | 3% | 32% | 0% | 0% | 8% | 58% | 74% | 135% | 60% | 75% | 140% |
Lifetime payroll tax quintile | |||||||||||
Highest | 5% | 91% | 1% | 6% | 8% | 16% | 33% | 49% | 16% | 35% | 52% |
Second highest | 6% | 78% | 0% | 3% | 6% | 22% | 37% | 58% | 22% | 38% | 60% |
Middle | 4% | 73% | 0% | 3% | 6% | 30% | 45% | 66% | 31% | 46% | 69% |
Second lowest | 3% | 67% | 0% | 5% | 8% | 39% | 54% | 85% | 41% | 56% | 91% |
Lowest | 2% | 34% | 0% | 0% | 8% | 57% | 73% | 127% | 59% | 74% | 135% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 5% | 89% | 0% | 5% | 8% | 17% | 35% | 52% | 17% | 37% | 55% |
Second highest | 5% | 80% | 0% | 3% | 7% | 21% | 39% | 62% | 22% | 40% | 65% |
Middle | 5% | 74% | 0% | 3% | 7% | 27% | 44% | 73% | 28% | 45% | 77% |
Second lowest | 3% | 63% | 0% | 4% | 8% | 35% | 53% | 88% | 36% | 54% | 91% |
Lowest | 2% | 36% | 0% | 0% | 8% | 50% | 67% | 108% | 53% | 69% | 111% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 | 4% | 68% | 0% | 4% | 8% | 24% | 48% | 84% | 25% | 49% | 88% |
Sex | |||||||||||
Female | 3% | 68% | 0% | 4% | 8% | 28% | 52% | 90% | 29% | 55% | 91% |
Male | 4% | 69% | 0% | 4% | 7% | 22% | 44% | 73% | 23% | 45% | 76% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 3% | 66% | 0% | 3% | 8% | 27% | 50% | 88% | 28% | 52% | 90% |
White, non-Hispanic | 4% | 71% | 0% | 4% | 8% | 23% | 46% | 81% | 24% | 47% | 85% |
Black or African American, non-Hispanic | 4% | 55% | 0% | 2% | 7% | 26% | 52% | 84% | 27% | 53% | 86% |
All other races, non-Hispanic | 5% | 76% | 0% | 5% | 9% | 22% | 45% | 84% | 23% | 47% | 88% |
Country of birth | |||||||||||
United States | 4% | 69% | 0% | 3% | 8% | 23% | 47% | 81% | 24% | 48% | 84% |
Other countries | 4% | 66% | 0% | 4% | 8% | 26% | 51% | 90% | 27% | 54% | 90% |
Highest education level | |||||||||||
Graduate | 4% | 81% | 0% | 5% | 8% | 21% | 43% | 80% | 22% | 45% | 84% |
Bachelor | 4% | 80% | 0% | 5% | 8% | 21% | 42% | 79% | 22% | 43% | 83% |
Associate | 3% | 65% | 0% | 3% | 7% | 25% | 47% | 77% | 26% | 48% | 81% |
High school | 3% | 61% | 0% | 2% | 7% | 28% | 50% | 88% | 29% | 52% | 90% |
Less than high school | 3% | 58% | 0% | 3% | 8% | 31% | 57% | 90% | 31% | 59% | 90% |
Current-law initial AIME quintile | |||||||||||
Highest | 4% | 91% | 1% | 6% | 8% | 16% | 31% | 47% | 16% | 32% | 50% |
Second highest | 5% | 80% | 0% | 3% | 6% | 24% | 39% | 57% | 24% | 40% | 60% |
Middle | 4% | 73% | 0% | 4% | 6% | 31% | 45% | 65% | 32% | 46% | 69% |
Second lowest | 3% | 67% | 0% | 6% | 8% | 41% | 55% | 84% | 43% | 57% | 91% |
Lowest | 2% | 30% | 0% | 0% | 8% | 58% | 74% | 128% | 59% | 75% | 137% |
Lifetime payroll tax quintile | |||||||||||
Highest | 4% | 91% | 1% | 6% | 8% | 16% | 33% | 49% | 16% | 34% | 53% |
Second highest | 5% | 80% | 0% | 3% | 6% | 23% | 39% | 58% | 23% | 40% | 61% |
Middle | 4% | 71% | 0% | 3% | 6% | 31% | 45% | 66% | 32% | 46% | 70% |
Second lowest | 3% | 66% | 0% | 5% | 8% | 40% | 54% | 83% | 42% | 56% | 90% |
Lowest | 2% | 33% | 0% | 0% | 8% | 57% | 73% | 122% | 59% | 74% | 128% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 4% | 90% | 1% | 5% | 8% | 16% | 35% | 51% | 17% | 37% | 55% |
Second highest | 5% | 80% | 0% | 3% | 7% | 22% | 40% | 63% | 23% | 41% | 66% |
Middle | 4% | 73% | 0% | 3% | 7% | 29% | 45% | 72% | 30% | 46% | 76% |
Second lowest | 3% | 63% | 0% | 4% | 7% | 37% | 53% | 88% | 38% | 54% | 90% |
Lowest | 2% | 35% | 0% | 0% | 8% | 50% | 67% | 102% | 52% | 68% | 108% |
SOURCE: SSA Office of Research, Evaluation, and Statistics, MINT 8.19, Analysis 2.0. Run: 07/01/2021. 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 B4.2.