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Projected Effects of a Proposal to Increase Benefits for Older Beneficiaries
Details: Primary insurance amount (PIA) increase is phased-in starting at 81 and by 85 is equal to 5 percent of the average retired-worker PIA in the year the beneficiary turns 80
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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% | 22% | 0% | 0% | 3% |
Sex | |||||
Female | 0% | 26% | 0% | 0% | 4% |
Male | 0% | 18% | 0% | 0% | 3% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 12% | 0% | 0% | 2% |
White, non-Hispanic | 0% | 24% | 0% | 0% | 3% |
Black or African American, non-Hispanic | 0% | 17% | 0% | 0% | 3% |
All other races, non-Hispanic | 0% | 19% | 0% | 0% | 3% |
Country of birth | |||||
United States | 0% | 23% | 0% | 0% | 3% |
Other countries | 0% | 15% | 0% | 0% | 3% |
Age | |||||
60–69 | 0% | 0% | 0% | 0% | 0% |
70–79 | 0% | 4% | 0% | 0% | 0% |
80–89 | 0% | 77% | 0% | 2% | 5% |
90 or older | 0% | 100% | 3% | 4% | 8% |
Marital status | |||||
Married | 0% | 18% | 0% | 0% | 3% |
Divorced | 0% | 19% | 0% | 0% | 3% |
Widowed | 0% | 43% | 0% | 0% | 5% |
Never married | 0% | 10% | 0% | 0% | 1% |
Highest education level | |||||
Graduate | 0% | 27% | 0% | 0% | 3% |
Bachelor | 0% | 20% | 0% | 0% | 3% |
Associate | 0% | 19% | 0% | 0% | 3% |
High school | 0% | 23% | 0% | 0% | 4% |
Less than high school | 0% | 19% | 0% | 0% | 4% |
Current-law poverty status | |||||
Above poverty | 0% | 22% | 0% | 0% | 3% |
In poverty | 0% | 13% | 0% | 0% | 3% |
Current-law household income quintile | |||||
Highest | 0% | 26% | 0% | 0% | 3% |
Second highest | 0% | 21% | 0% | 0% | 3% |
Middle | 0% | 21% | 0% | 0% | 3% |
Second lowest | 0% | 21% | 0% | 0% | 3% |
Lowest | 0% | 20% | 0% | 0% | 4% |
Current-law benefit type | |||||
Retired worker only | 0% | 18% | 0% | 0% | 3% |
Widow(er) (includes dually entitled) | 0% | 43% | 0% | 0% | 5% |
Spousal (includes dually entitled) | 0% | 26% | 0% | 0% | 3% |
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 | 0% | 31% | 0% | 0% | 4% |
Sex | |||||
Female | 0% | 35% | 0% | 0% | 4% |
Male | 0% | 27% | 0% | 0% | 4% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 22% | 0% | 0% | 4% |
White, non-Hispanic | 0% | 35% | 0% | 0% | 4% |
Black or African American, non-Hispanic | 0% | 26% | 0% | 0% | 4% |
All other races, non-Hispanic | 0% | 31% | 0% | 0% | 4% |
Country of birth | |||||
United States | 0% | 32% | 0% | 0% | 4% |
Other countries | 0% | 28% | 0% | 0% | 5% |
Age | |||||
60–69 | 0% | 0% | 0% | 0% | 0% |
70–79 | 0% | 4% | 0% | 0% | 0% |
80–89 | 0% | 80% | 0% | 3% | 6% |
90 or older | 0% | 99% | 3% | 3% | 7% |
Marital status | |||||
Married | 0% | 24% | 0% | 0% | 3% |
Divorced | 0% | 30% | 0% | 0% | 4% |
Widowed | 0% | 59% | 0% | 2% | 5% |
Never married | 0% | 18% | 0% | 0% | 3% |
Highest education level | |||||
Graduate | 0% | 33% | 0% | 0% | 3% |
Bachelor | 0% | 36% | 0% | 0% | 4% |
Associate | 0% | 29% | 0% | 0% | 4% |
High school | 0% | 32% | 0% | 0% | 5% |
Less than high school | 0% | 20% | 0% | 0% | 5% |
Current-law poverty status | |||||
Above poverty | 0% | 31% | 0% | 0% | 4% |
In poverty | 0% | 26% | 0% | 0% | 9% |
Current-law household income quintile | |||||
Highest | 0% | 33% | 0% | 0% | 3% |
Second highest | 0% | 30% | 0% | 0% | 3% |
Middle | 0% | 30% | 0% | 0% | 4% |
Second lowest | 0% | 33% | 0% | 0% | 4% |
Lowest | 0% | 30% | 0% | 0% | 6% |
Current-law benefit type | |||||
Retired worker only | 0% | 28% | 0% | 0% | 4% |
Widow(er) (includes dually entitled) | 0% | 57% | 0% | 2% | 5% |
Spousal (includes dually entitled) | 1% | 26% | 0% | 0% | 3% |
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 | 0% | 29% | 0% | 0% | 4% |
Sex | |||||
Female | 0% | 33% | 0% | 0% | 5% |
Male | 0% | 26% | 0% | 0% | 4% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 23% | 0% | 0% | 5% |
White, non-Hispanic | 0% | 33% | 0% | 0% | 4% |
Black or African American, non-Hispanic | 0% | 25% | 0% | 0% | 4% |
All other races, non-Hispanic | 0% | 29% | 0% | 0% | 4% |
Country of birth | |||||
United States | 0% | 30% | 0% | 0% | 4% |
Other countries | 0% | 29% | 0% | 0% | 5% |
Age | |||||
60–69 | 0% | 0% | 0% | 0% | 0% |
70–79 | 0% | 3% | 0% | 0% | 0% |
80–89 | 0% | 79% | 0% | 3% | 6% |
90 or older | 0% | 99% | 2% | 3% | 7% |
Marital status | |||||
Married | 0% | 23% | 0% | 0% | 3% |
Divorced | 0% | 27% | 0% | 0% | 4% |
Widowed | 0% | 61% | 0% | 2% | 6% |
Never married | 0% | 22% | 0% | 0% | 4% |
Highest education level | |||||
Graduate | 0% | 32% | 0% | 0% | 3% |
Bachelor | 0% | 37% | 0% | 0% | 4% |
Associate | 0% | 29% | 0% | 0% | 4% |
High school | 0% | 26% | 0% | 0% | 5% |
Less than high school | 0% | 21% | 0% | 0% | 5% |
Current-law poverty status | |||||
Above poverty | 0% | 30% | 0% | 0% | 4% |
In poverty | 0% | 28% | 0% | 0% | 13% |
Current-law household income quintile | |||||
Highest | 0% | 28% | 0% | 0% | 3% |
Second highest | 0% | 28% | 0% | 0% | 3% |
Middle | 0% | 29% | 0% | 0% | 4% |
Second lowest | 0% | 31% | 0% | 0% | 5% |
Lowest | 0% | 31% | 0% | 0% | 7% |
Current-law benefit type | |||||
Retired worker only | 0% | 28% | 0% | 0% | 4% |
Widow(er) (includes dually entitled) | 0% | 51% | 0% | 1% | 6% |
Spousal (includes dually entitled) | 1% | 23% | 0% | 0% | 3% |
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 | 0% | 12% | 0% | 0% | 1% |
Sex | |||||
Female | 0% | 15% | 0% | 0% | 1% |
Male | 0% | 8% | 0% | 0% | 0% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 8% | 0% | 0% | 0% |
White, non-Hispanic | 0% | 12% | 0% | 0% | 1% |
Black or African American, non-Hispanic | 0% | 11% | 0% | 0% | 1% |
All other races, non-Hispanic | 0% | 10% | 0% | 0% | 1% |
Country of birth | |||||
United States | 0% | 12% | 0% | 0% | 1% |
Other countries | 0% | 8% | 0% | 0% | 0% |
Age | |||||
60–69 | 0% | 1% | 0% | 0% | 0% |
70–79 | 0% | 3% | 0% | 0% | 0% |
80–89 | 0% | 37% | 0% | 0% | 2% |
90 or older | 0% | 60% | 0% | 1% | 4% |
Marital status | |||||
Married | 0% | 8% | 0% | 0% | 0% |
Divorced | 0% | 11% | 0% | 0% | 1% |
Widowed | 0% | 26% | 0% | 0% | 2% |
Never married | 0% | 5% | 0% | 0% | 0% |
Highest education level | |||||
Graduate | 0% | 8% | 0% | 0% | 0% |
Bachelor | 0% | 9% | 0% | 0% | 0% |
Associate | 0% | 10% | 0% | 0% | 1% |
High school | 0% | 15% | 0% | 0% | 1% |
Less than high school | 0% | 14% | 0% | 0% | 1% |
Current-law poverty status | |||||
Above poverty | 0% | 12% | 0% | 0% | 1% |
In poverty | 0% | 10% | 0% | 0% | 1% |
Current-law household income quintile | |||||
Highest | 0% | 0% | 0% | 0% | 0% |
Second highest | 0% | 4% | 0% | 0% | 0% |
Middle | 0% | 15% | 0% | 0% | 1% |
Second lowest | 0% | 20% | 0% | 0% | 2% |
Lowest | 0% | 19% | 0% | 0% | 3% |
Current-law benefit type | |||||
Retired worker only | 0% | 8% | 0% | 0% | 0% |
Widow(er) (includes dually entitled) | 0% | 29% | 0% | 0% | 2% |
Spousal (includes dually entitled) | 0% | 11% | 0% | 0% | 1% |
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 an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 0% | 20% | 0% | 0% | 2% |
Sex | |||||
Female | 0% | 24% | 0% | 0% | 2% |
Male | 0% | 15% | 0% | 0% | 1% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 16% | 0% | 0% | 2% |
White, non-Hispanic | 0% | 21% | 0% | 0% | 2% |
Black or African American, non-Hispanic | 0% | 20% | 0% | 0% | 2% |
All other races, non-Hispanic | 0% | 18% | 0% | 0% | 2% |
Country of birth | |||||
United States | 0% | 20% | 0% | 0% | 2% |
Other countries | 0% | 19% | 0% | 0% | 2% |
Age | |||||
60–69 | 0% | 1% | 0% | 0% | 0% |
70–79 | 0% | 4% | 0% | 0% | 0% |
80–89 | 0% | 50% | 0% | 1% | 3% |
90 or older | 0% | 56% | 0% | 1% | 3% |
Marital status | |||||
Married | 0% | 15% | 0% | 0% | 1% |
Divorced | 0% | 20% | 0% | 0% | 2% |
Widowed | 0% | 37% | 0% | 0% | 3% |
Never married | 0% | 11% | 0% | 0% | 1% |
Highest education level | |||||
Graduate | 0% | 14% | 0% | 0% | 1% |
Bachelor | 0% | 19% | 0% | 0% | 1% |
Associate | 0% | 20% | 0% | 0% | 2% |
High school | 0% | 24% | 0% | 0% | 2% |
Less than high school | 0% | 16% | 0% | 0% | 2% |
Current-law poverty status | |||||
Above poverty | 0% | 20% | 0% | 0% | 2% |
In poverty | 0% | 20% | 0% | 0% | 6% |
Current-law household income quintile | |||||
Highest | 0% | 1% | 0% | 0% | 0% |
Second highest | 0% | 11% | 0% | 0% | 1% |
Middle | 0% | 26% | 0% | 0% | 1% |
Second lowest | 0% | 32% | 0% | 0% | 2% |
Lowest | 0% | 29% | 0% | 0% | 4% |
Current-law benefit type | |||||
Retired worker only | 0% | 17% | 0% | 0% | 1% |
Widow(er) (includes dually entitled) | 0% | 39% | 0% | 0% | 3% |
Spousal (includes dually entitled) | 0% | 15% | 0% | 0% | 1% |
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 an— |
Percent change in household income at the— |
|||
---|---|---|---|---|---|
Income decrease | Income increase | 10th %ile | Median | 90th %ile | |
Total | 0% | 20% | 0% | 0% | 2% |
Sex | |||||
Female | 0% | 24% | 0% | 0% | 2% |
Male | 0% | 16% | 0% | 0% | 1% |
Race/ethnicity | |||||
Hispanic or Latino, any race | 0% | 19% | 0% | 0% | 2% |
White, non-Hispanic | 0% | 22% | 0% | 0% | 2% |
Black or African American, non-Hispanic | 0% | 18% | 0% | 0% | 2% |
All other races, non-Hispanic | 0% | 17% | 0% | 0% | 2% |
Country of birth | |||||
United States | 0% | 20% | 0% | 0% | 2% |
Other countries | 0% | 21% | 0% | 0% | 3% |
Age | |||||
60–69 | 0% | 0% | 0% | 0% | 0% |
70–79 | 0% | 4% | 0% | 0% | 0% |
80–89 | 0% | 51% | 0% | 1% | 4% |
90 or older | 0% | 67% | 0% | 1% | 4% |
Marital status | |||||
Married | 0% | 16% | 0% | 0% | 1% |
Divorced | 0% | 18% | 0% | 0% | 2% |
Widowed | 0% | 42% | 0% | 0% | 4% |
Never married | 0% | 14% | 0% | 0% | 1% |
Highest education level | |||||
Graduate | 0% | 16% | 0% | 0% | 1% |
Bachelor | 0% | 21% | 0% | 0% | 2% |
Associate | 0% | 23% | 0% | 0% | 2% |
High school | 0% | 21% | 0% | 0% | 3% |
Less than high school | 0% | 18% | 0% | 0% | 3% |
Current-law poverty status | |||||
Above poverty | 0% | 20% | 0% | 0% | 2% |
In poverty | 0% | 23% | 0% | 0% | 9% |
Current-law household income quintile | |||||
Highest | 0% | 1% | 0% | 0% | 0% |
Second highest | 0% | 12% | 0% | 0% | 1% |
Middle | 0% | 26% | 0% | 0% | 1% |
Second lowest | 0% | 31% | 0% | 0% | 3% |
Lowest | 0% | 30% | 0% | 0% | 5% |
Current-law benefit type | |||||
Retired worker only | 0% | 18% | 0% | 0% | 2% |
Widow(er) (includes dually entitled) | 0% | 39% | 0% | 0% | 4% |
Spousal (includes dually entitled) | 0% | 16% | 0% | 0% | 1% |
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 | 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% | 4% | 3,237 | 3,177 | -59 | -1% |
Sex | ||||||
Female | 5% | 5% | 1,787 | 1,748 | -39 | -2% |
Male | 4% | 4% | 1,450 | 1,429 | -20 | -1% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 7% | 7% | 570 | 553 | -16 | -2% |
White, non-Hispanic | 3% | 3% | 1,804 | 1,765 | -38 | -2% |
Black or African American, non-Hispanic | 9% | 9% | 636 | 631 | -5 | 0% |
All other races, non-Hispanic | 6% | 6% | 228 | 228 | 0 | 0% |
Country of birth | ||||||
United States | 4% | 4% | 2,472 | 2,428 | -44 | -1% |
Other countries | 7% | 7% | 765 | 749 | -15 | -2% |
Age | ||||||
60–69 | 6% | 6% | 1,486 | 1,486 | 0 | 0% |
70–79 | 4% | 4% | 1,318 | 1,311 | -6 | 0% |
80–89 | 3% | 2% | 381 | 338 | -42 | -11% |
90 or older | 2% | 2% | 53 | 43 | -10 | -19% |
Marital status | ||||||
Married | 1% | 1% | 469 | 467 | -1 | 0% |
Divorced | 9% | 9% | 1,207 | 1,189 | -17 | -1% |
Widowed | 6% | 6% | 740 | 704 | -35 | -4% |
Never married | 16% | 16% | 821 | 816 | -4 | 0% |
Highest education level | ||||||
Graduate | 1% | 1% | 97 | 94 | -2 | -2% |
Bachelor | 2% | 2% | 263 | 255 | -7 | -2% |
Associate | 4% | 4% | 626 | 615 | -11 | -1% |
High school | 6% | 6% | 1,534 | 1,506 | -27 | -1% |
Less than high school | 12% | 12% | 717 | 706 | -11 | -1% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 0 | 0 | . . . |
In poverty | 100% | 98% | 3,237 | 3,177 | -59 | -1% |
Current-law benefit type | ||||||
Retired worker only | 4% | 4% | 2,252 | 2,223 | -28 | -1% |
Widow(er) (includes dually entitled) | 5% | 5% | 577 | 546 | -31 | -5% |
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: 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 | 3,133 | -176 | -5% |
Sex | ||||||
Female | 4% | 4% | 1,862 | 1,769 | -93 | -5% |
Male | 4% | 3% | 1,447 | 1,364 | -82 | -5% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 6% | 5% | 897 | 851 | -46 | -5% |
White, non-Hispanic | 3% | 3% | 1,472 | 1,410 | -62 | -4% |
Black or African American, non-Hispanic | 8% | 7% | 679 | 646 | -32 | -4% |
All other races, non-Hispanic | 4% | 3% | 261 | 227 | -34 | -13% |
Country of birth | ||||||
United States | 4% | 3% | 2,260 | 2,163 | -97 | -4% |
Other countries | 6% | 5% | 1,048 | 970 | -78 | -7% |
Age | ||||||
60–69 | 5% | 5% | 1,277 | 1,275 | -1 | 0% |
70–79 | 4% | 4% | 1,105 | 1,104 | -1 | 0% |
80–89 | 3% | 3% | 734 | 619 | -115 | -15% |
90 or older | 3% | 2% | 193 | 135 | -58 | -30% |
Marital status | ||||||
Married | 1% | 1% | 457 | 455 | -1 | 0% |
Divorced | 6% | 6% | 948 | 892 | -55 | -5% |
Widowed | 5% | 4% | 750 | 676 | -74 | -9% |
Never married | 12% | 11% | 1,154 | 1,109 | -44 | -3% |
Highest education level | ||||||
Graduate | 1% | 1% | 91 | 85 | -5 | -6% |
Bachelor | 2% | 1% | 280 | 258 | -22 | -7% |
Associate | 3% | 3% | 555 | 519 | -35 | -6% |
High school | 6% | 6% | 1,549 | 1,471 | -78 | -5% |
Less than high school | 11% | 10% | 834 | 800 | -33 | -4% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 0 | 0 | . . . |
In poverty | 100% | 95% | 3,309 | 3,133 | -176 | -5% |
Current-law benefit type | ||||||
Retired worker only | 4% | 4% | 2,500 | 2,377 | -123 | -4% |
Widow(er) (includes dually entitled) | 4% | 4% | 498 | 445 | -52 | -10% |
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: 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% | 2% | 2,425 | 2,262 | -162 | -6% |
Sex | ||||||
Female | 3% | 2% | 1,304 | 1,185 | -118 | -9% |
Male | 2% | 2% | 1,121 | 1,077 | -44 | -3% |
Race/ethnicity | ||||||
Hispanic or Latino, any race | 3% | 3% | 769 | 712 | -57 | -7% |
White, non-Hispanic | 2% | 2% | 1,009 | 947 | -62 | -6% |
Black or African American, non-Hispanic | 4% | 4% | 392 | 372 | -20 | -5% |
All other races, non-Hispanic | 3% | 3% | 254 | 232 | -22 | -8% |
Country of birth | ||||||
United States | 2% | 2% | 1,586 | 1,486 | -100 | -6% |
Other countries | 4% | 4% | 839 | 776 | -62 | -7% |
Age | ||||||
60–69 | 3% | 3% | 795 | 795 | 0 | 0% |
70–79 | 3% | 3% | 906 | 901 | -5 | 0% |
80–89 | 3% | 2% | 585 | 472 | -113 | -19% |
90 or older | 2% | 1% | 139 | 95 | -43 | -31% |
Marital status | ||||||
Married | 1% | 1% | 292 | 285 | -7 | -2% |
Divorced | 3% | 3% | 613 | 583 | -30 | -4% |
Widowed | 3% | 3% | 473 | 406 | -66 | -14% |
Never married | 6% | 6% | 1,046 | 989 | -57 | -5% |
Highest education level | ||||||
Graduate | 1% | 1% | 156 | 152 | -3 | -2% |
Bachelor | 1% | 1% | 218 | 195 | -23 | -10% |
Associate | 2% | 2% | 405 | 377 | -27 | -6% |
High school | 4% | 3% | 1,033 | 972 | -60 | -5% |
Less than high school | 6% | 6% | 613 | 565 | -47 | -7% |
Current-law poverty status | ||||||
Above poverty | 0% | 0% | 0 | 0 | 0 | . . . |
In poverty | 100% | 93% | 2,425 | 2,262 | -162 | -6% |
Current-law benefit type | ||||||
Retired worker only | 3% | 3% | 1,958 | 1,846 | -112 | -5% |
Widow(er) (includes dually entitled) | 2% | 2% | 321 | 271 | -50 | -15% |
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: 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 | 0% | 36% | 0% | 0% | 2% | 5% | 127% | 397% | 5% | 128% | 403% |
Sex | |||||||||||
Female | 0% | 46% | 0% | 0% | 2% | 23% | 159% | 562% | 23% | 161% | 570% |
Male | 0% | 27% | 0% | 0% | 1% | 0% | 105% | 239% | 0% | 105% | 242% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 0% | 35% | 0% | 0% | 2% | 0% | 141% | 506% | 0% | 142% | 517% |
White, non-Hispanic | 0% | 38% | 0% | 0% | 2% | 14% | 122% | 359% | 14% | 124% | 365% |
Black or African American, non-Hispanic | 0% | 28% | 0% | 0% | 2% | 0% | 131% | 410% | 0% | 132% | 411% |
All other races, non-Hispanic | 0% | 39% | 0% | 0% | 2% | 0% | 132% | 493% | 0% | 133% | 502% |
Country of birth | |||||||||||
United States | 0% | 36% | 0% | 0% | 2% | 12% | 123% | 363% | 12% | 124% | 368% |
Other countries | 0% | 37% | 0% | 0% | 2% | 0% | 144% | 525% | 0% | 145% | 532% |
Highest education level | |||||||||||
Graduate | 0% | 45% | 0% | 0% | 1% | 24% | 113% | 245% | 24% | 114% | 247% |
Bachelor | 0% | 43% | 0% | 0% | 2% | 25% | 120% | 324% | 25% | 121% | 328% |
Associate | 0% | 35% | 0% | 0% | 2% | 16% | 127% | 340% | 16% | 128% | 345% |
High school | 0% | 34% | 0% | 0% | 2% | 0% | 133% | 475% | 0% | 134% | 480% |
Less than high school | 0% | 26% | 0% | 0% | 2% | 0% | 141% | 718% | 0% | 142% | 719% |
Current-law initial AIME quintile | |||||||||||
Highest | 0% | 34% | 0% | 0% | 1% | 36% | 93% | 136% | 36% | 94% | 138% |
Second highest | 0% | 41% | 0% | 0% | 1% | 21% | 118% | 175% | 21% | 119% | 178% |
Middle | 0% | 40% | 0% | 0% | 2% | 10% | 140% | 234% | 10% | 142% | 237% |
Second lowest | 0% | 38% | 0% | 0% | 2% | 23% | 205% | 444% | 23% | 208% | 449% |
Lowest | 0% | 30% | 0% | 0% | 3% | 0% | 228% | 1,369% | 0% | 231% | 1,382% |
Lifetime payroll tax quintile | |||||||||||
Highest | 0% | 36% | 0% | 0% | 1% | 40% | 94% | 134% | 40% | 95% | 136% |
Second highest | 0% | 39% | 0% | 0% | 1% | 23% | 118% | 173% | 23% | 119% | 175% |
Middle | 0% | 41% | 0% | 0% | 2% | 16% | 141% | 235% | 16% | 142% | 238% |
Second lowest | 0% | 38% | 0% | 0% | 2% | 18% | 193% | 403% | 18% | 195% | 406% |
Lowest | 0% | 28% | 0% | 0% | 3% | 0% | 270% | 1,384% | 0% | 275% | 1,408% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 0% | 41% | 0% | 0% | 1% | 47% | 101% | 169% | 47% | 102% | 171% |
Second highest | 0% | 40% | 0% | 0% | 1% | 33% | 118% | 237% | 33% | 120% | 241% |
Middle | 0% | 41% | 0% | 0% | 2% | 15% | 136% | 314% | 15% | 137% | 320% |
Second lowest | 0% | 36% | 0% | 0% | 2% | 9% | 165% | 490% | 9% | 167% | 496% |
Lowest | 0% | 24% | 0% | 0% | 3% | 0% | 183% | 1,028% | 0% | 184% | 1,028% |
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 | 0% | 35% | 0% | 0% | 2% | 0% | 119% | 375% | 0% | 120% | 380% |
Sex | |||||||||||
Female | 0% | 43% | 0% | 0% | 2% | 0% | 143% | 532% | 0% | 144% | 537% |
Male | 0% | 28% | 0% | 0% | 1% | 0% | 101% | 258% | 0% | 102% | 262% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 0% | 34% | 0% | 0% | 2% | 0% | 128% | 410% | 0% | 129% | 419% |
White, non-Hispanic | 0% | 37% | 0% | 0% | 2% | 14% | 118% | 372% | 14% | 119% | 378% |
Black or African American, non-Hispanic | 0% | 24% | 0% | 0% | 1% | 0% | 111% | 323% | 0% | 113% | 329% |
All other races, non-Hispanic | 0% | 38% | 0% | 0% | 2% | 0% | 106% | 410% | 0% | 107% | 420% |
Country of birth | |||||||||||
United States | 0% | 36% | 0% | 0% | 2% | 7% | 118% | 342% | 7% | 119% | 348% |
Other countries | 0% | 33% | 0% | 0% | 2% | 0% | 121% | 521% | 0% | 122% | 534% |
Highest education level | |||||||||||
Graduate | 0% | 42% | 0% | 0% | 1% | 21% | 105% | 271% | 21% | 106% | 276% |
Bachelor | 0% | 41% | 0% | 0% | 2% | 5% | 107% | 291% | 5% | 108% | 297% |
Associate | 0% | 35% | 0% | 0% | 2% | 0% | 120% | 329% | 0% | 121% | 336% |
High school | 0% | 32% | 0% | 0% | 2% | 0% | 130% | 483% | 0% | 132% | 490% |
Less than high school | 0% | 25% | 0% | 0% | 2% | 0% | 126% | 612% | 0% | 127% | 617% |
Current-law initial AIME quintile | |||||||||||
Highest | 0% | 35% | 0% | 0% | 1% | 37% | 87% | 124% | 37% | 88% | 126% |
Second highest | 0% | 42% | 0% | 0% | 1% | 34% | 117% | 176% | 34% | 118% | 179% |
Middle | 0% | 41% | 0% | 0% | 2% | 28% | 145% | 258% | 28% | 146% | 261% |
Second lowest | 0% | 34% | 0% | 0% | 2% | 0% | 204% | 522% | 0% | 207% | 525% |
Lowest | 0% | 24% | 0% | 0% | 4% | 0% | 122% | 1,803% | 0% | 123% | 1,832% |
Lifetime payroll tax quintile | |||||||||||
Highest | 0% | 37% | 0% | 0% | 1% | 40% | 88% | 125% | 40% | 88% | 126% |
Second highest | 0% | 42% | 0% | 0% | 1% | 36% | 117% | 178% | 36% | 118% | 182% |
Middle | 0% | 41% | 0% | 0% | 2% | 29% | 144% | 261% | 29% | 146% | 264% |
Second lowest | 0% | 35% | 0% | 0% | 2% | 0% | 197% | 467% | 0% | 200% | 472% |
Lowest | 0% | 21% | 0% | 0% | 4% | 0% | 121% | 1,917% | 0% | 121% | 1,935% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 0% | 39% | 0% | 0% | 1% | 42% | 90% | 149% | 42% | 91% | 151% |
Second highest | 0% | 42% | 0% | 0% | 1% | 43% | 119% | 247% | 43% | 121% | 249% |
Middle | 0% | 42% | 0% | 0% | 2% | 31% | 139% | 330% | 31% | 141% | 333% |
Second lowest | 0% | 34% | 0% | 0% | 2% | 7% | 176% | 565% | 7% | 177% | 567% |
Lowest | 0% | 18% | 0% | 0% | 4% | 0% | 66% | 922% | 0% | 66% | 922% |
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 | 0% | 39% | 0% | 0% | 2% | 0% | 116% | 343% | 0% | 117% | 349% |
Sex | |||||||||||
Female | 0% | 46% | 0% | 1% | 2% | 0% | 137% | 486% | 0% | 139% | 495% |
Male | 0% | 33% | 0% | 0% | 2% | 0% | 99% | 245% | 0% | 100% | 249% |
Race/ethnicity | |||||||||||
Hispanic or Latino, any race | 0% | 38% | 0% | 0% | 2% | 0% | 124% | 369% | 0% | 125% | 381% |
White, non-Hispanic | 0% | 42% | 0% | 0% | 2% | 17% | 115% | 338% | 17% | 116% | 345% |
Black or African American, non-Hispanic | 0% | 29% | 0% | 0% | 2% | 0% | 112% | 306% | 0% | 113% | 308% |
All other races, non-Hispanic | 0% | 42% | 0% | 1% | 2% | 0% | 100% | 327% | 0% | 101% | 332% |
Country of birth | |||||||||||
United States | 0% | 40% | 0% | 0% | 2% | 11% | 116% | 318% | 11% | 117% | 324% |
Other countries | 0% | 37% | 0% | 0% | 3% | 0% | 116% | 475% | 0% | 117% | 485% |
Highest education level | |||||||||||
Graduate | 0% | 49% | 0% | 1% | 2% | 25% | 106% | 255% | 25% | 107% | 261% |
Bachelor | 0% | 45% | 0% | 0% | 2% | 8% | 103% | 272% | 8% | 104% | 277% |
Associate | 0% | 38% | 0% | 0% | 2% | 0% | 118% | 309% | 0% | 119% | 316% |
High school | 0% | 36% | 0% | 0% | 2% | 0% | 124% | 413% | 0% | 125% | 418% |
Less than high school | 0% | 29% | 0% | 0% | 2% | 0% | 127% | 547% | 0% | 128% | 555% |
Current-law initial AIME quintile | |||||||||||
Highest | 0% | 41% | 0% | 0% | 1% | 39% | 85% | 121% | 39% | 85% | 123% |
Second highest | 0% | 48% | 0% | 0% | 2% | 40% | 114% | 170% | 40% | 116% | 174% |
Middle | 0% | 45% | 0% | 0% | 2% | 29% | 138% | 246% | 29% | 140% | 249% |
Second lowest | 0% | 37% | 0% | 0% | 3% | 11% | 189% | 452% | 11% | 191% | 457% |
Lowest | 0% | 25% | 0% | 0% | 4% | 0% | 128% | 1,529% | 0% | 129% | 1,559% |
Lifetime payroll tax quintile | |||||||||||
Highest | 0% | 43% | 0% | 0% | 1% | 41% | 85% | 121% | 41% | 86% | 123% |
Second highest | 0% | 47% | 0% | 0% | 2% | 41% | 116% | 173% | 41% | 117% | 175% |
Middle | 0% | 46% | 0% | 0% | 2% | 31% | 139% | 254% | 31% | 141% | 259% |
Second lowest | 0% | 37% | 0% | 0% | 3% | 13% | 183% | 414% | 13% | 185% | 421% |
Lowest | 0% | 24% | 0% | 0% | 4% | 0% | 126% | 1,578% | 0% | 126% | 1,591% |
Lifetime payroll tax quintile (shared) | |||||||||||
Highest | 0% | 45% | 0% | 0% | 1% | 44% | 87% | 139% | 44% | 88% | 141% |
Second highest | 0% | 47% | 0% | 0% | 2% | 45% | 117% | 231% | 45% | 118% | 235% |
Middle | 0% | 45% | 0% | 0% | 2% | 34% | 136% | 307% | 34% | 138% | 309% |
Second lowest | 0% | 38% | 0% | 0% | 3% | 12% | 167% | 512% | 12% | 170% | 517% |
Lowest | 0% | 21% | 0% | 0% | 4% | 0% | 89% | 792% | 0% | 89% | 794% |
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 | 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: 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 | 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: 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 | 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: 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 B6.3.