House introduces Social Security 2100 Act
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Table of Contents
Representative Earl Blumenauer introduced this bill in the House of Representatives. It proposes several changes to how Social Security is funded and distributed, including increasing the cap on taxable earnings and adjusting benefit calculations.
Why it matters: This is a proposal to change the long-term structure of Social Security; it is not currently law and its passage is not guaranteed.
Who it affects
- Workers and retirees receiving or expecting Social Security benefits
This information comes from Congress.gov regarding a bill introduced in the House; readers should consult the official text before relying on it for financial planning.
Agency: House
Source: Congress.gov — read the official document