A bill to amend title II of the Social Security Act to increase to $4,000 the amount of outside income which (subject to further increases under the automatic adjustment provisions) is permitted each year without any deductions from benefits thereunder, but with a requirement that income of all types and from all sources be included in determining the amount of an individual's income for this purpose.

Summary

Increases to $4,000 the amount of outside income which (subject to further increases under the automatic adjustment provisions) is permitted each year without any deductions from benefits under title II (Old Age, Survivors, and Disability Insurance) of the Social Security Act. Requires that income of all types and from all sources be included in determining the amount of an individual's income for this purpose.

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• Introduced in House

  summary · EN · 18 September 1974

  Open at official source

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