Senior Independence Act of 2023
The summary
What this bill does
Senior Independence Act of 2023
This bill increases the amount of income that individuals who are younger than their full retirement age may earn without incurring a reduction in their Social Security retirement benefits.
Under current law, retirement benefits are reduced for beneficiaries who are younger than their full retirement age (generally 66-67, depending on year of birth) if their earnings exceed an annual limit. This bill increases the limit ($21,240 in calendar year 2023) to $30,000. Under current law, this limit is adjusted annually for wage inflation.
Legislative timeline
From introduction
Mar 24, 2023
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - WI District 6 · R-WI
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 118 |
| Bill Type | HR |
| Bill Number | 1783 |
| Origin Chamber | House |
| Current Status | Introduced |
| Policy Area | Social Welfare |
| Primary Committee | Not assigned |
| Introduced | March 24, 2023 |
| Latest Action | December 17, 2024 |
| Cosponsors | 2 · House vote — · — views |