This bill would repeal the retirement earnings test in Title II of the Social Security Act by removing several specified subsections of section 203 and making multiple conforming amendments. It also removes parallel deductions on account of work under the Railroad Retirement Act. The bill sets an effective date for the changes for taxable years ending after December 31, 2026. The bill was introduced in the House and referred to the Committee on Ways and Means.
If you collect Social Security retirement benefits and keep working, the bill would remove the retirement earnings test so benefits would no longer be reduced under the provisions the bill repeals. The bill also removes similar work-based deductions in the Railroad Retirement program. The text does not give specific dollar amounts or examples for individual cases.
No publicly available information.
No publicly available information in the bill text about proponents' stated arguments or expected benefits.
No publicly available information in the bill text about opponents' stated concerns or criticisms.