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United States · Bill · HR

H.R. 6554 (116th)

To increase the exempt amount applicable for the retirement earnings test for months in 2020, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

17 April 2020

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

3 January 2025

Summary

This bill temporarily increases the income limit for individuals who are younger than full retirement age to receive Old-Age, Survivors, and Disability Insurance benefits without reductions. Specifically, the bill increases the limit on income earned during 2020 to the contribution and benefit base (i.e., the maximum amount subject to the Social Security payroll tax, set at $137,700 for 2020).

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Documents

3 official files

Introduced in House (text)

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