HR 1783
118th Congress
House
Social Welfare
Senior Independence Act of 2023
Introduced: March 24, 2023
Introduced by:
Grothman, Glenn
Republican
· Wisconsin
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2024
Referred to the Subcommittee on Work and Welfare.
Mar 24, 2023
Referred to the House Committee on Ways and Means.
Mar 24, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Work and Welfare.
Committees of jurisdiction
2
Cosponsors
1