S. 3070 · 117th Congress · Senate

Safeguarding American Families and Expanding Social Security Act of 2021

Active· Read twice and referred to the Committee on Finance.
Introduced
Oct 26, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Safeguarding American Families and Expanding Social Security Act of 2021

This bill makes various changes to Social Security benefits, including phasing out the cap on earnings subject to Social Security payroll taxes (currently $142,800 for 2021) and revising the method of calculating Social Security benefits to account for the additional earnings subject to the taxes.

Action Timeline

2
  1. OCT 26, 2021IntroReferral

    Introduced in Senate

  2. OCT 26, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Oct 26, 2021

Active