Options for Future Changes to Social Security

Millions of Americans rely on Social Security Disability Insurance (SSDI) benefits. With the Disability Insurance (DI) Trust Fund on course to become insolvent by the close of 2016, numerous policy changes have been proposed to ensure that the SSDI program continues to serve eligible applicants. Some proposals would result in an increase in the number of funds entering the DI Trust Fund. Here is a brief look at a few of those proposals. Payroll Tax Rate and Taxable Earnings Cap The Social Security program is funded by payroll taxes deducted from employee paychecks and [...]