Legis Daily

Senior Independence Act of 2023

USA118th CongressHR-1783| House 
| Updated: 12/17/2024
Glenn Grothman

Glenn Grothman

Republican Representative

Wisconsin

Cosponsors (2)
Paul A. Gosar (Republican)Bill Posey (Republican)

Ways and Means Committee, Work and Welfare Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline

Bill from Previous Congress

HR 117-6925
Senior Independence Act of 2022
Mar 24, 2023
Introduced in House
Mar 24, 2023
Referred to the House Committee on Ways and Means.
Dec 17, 2024
Referred to the Subcommittee on Work and Welfare.
  • Bill from Previous Congress

    HR 117-6925
    Senior Independence Act of 2022


  • March 24, 2023
    Introduced in House


  • March 24, 2023
    Referred to the House Committee on Ways and Means.


  • December 17, 2024
    Referred to the Subcommittee on Work and Welfare.

Social Welfare

Senior Independence Act of 2023

USA118th CongressHR-1783| House 
| Updated: 12/17/2024
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 117-6925
Senior Independence Act of 2022
Mar 24, 2023
Introduced in House
Mar 24, 2023
Referred to the House Committee on Ways and Means.
Dec 17, 2024
Referred to the Subcommittee on Work and Welfare.
  • Bill from Previous Congress

    HR 117-6925
    Senior Independence Act of 2022


  • March 24, 2023
    Introduced in House


  • March 24, 2023
    Referred to the House Committee on Ways and Means.


  • December 17, 2024
    Referred to the Subcommittee on Work and Welfare.
Glenn Grothman

Glenn Grothman

Republican Representative

Wisconsin

Cosponsors (2)
Paul A. Gosar (Republican)Bill Posey (Republican)

Ways and Means Committee, Work and Welfare Subcommittee

Social Welfare

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted