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United States · Bill · HR

H.R. 5193 (118th)

Senior Citizens’ Freedom to Work Act of 2023

referredUnited States· United States Congress· EN

Introduced

11 August 2023

Last action

17 December 2024 · Referred

Status

Referred to the Subcommittee on Social Security.

Sponsors

Gregory Murphy, Beth Van Duyne, Rep. Tenney, Claudia [R-NY-24], Thomas Tiffany, Rep. Harshbarger, Diana [R-TN-1], Rep. Yakym, Rudy [R-IN-2], Pete Stauber

Subjects

Discovery layer

Source updated

20 December 2024

Summary

Senior Citizens' Freedom to Work Act of 2023 This bill eliminates provisions that reduce Social Security retirement benefits for certain beneficiaries who are younger than full retirement age and who have outside income above a certain threshold, also known as the Retirement Earnings Test (RET). Under the RET, benefits are reduced for beneficiaries who are younger than full retirement age if they earn more than the annual limit ($21,240 for 2023). Withheld benefits are subsequently added to monthly benefits once the beneficiary reaches full retirement age.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 11 August 2023

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 11 August 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 11 August 2023

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 17 December 2024

    Referred

    Referred to the Subcommittee on Social Security.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

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Sources

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