____ Act

This bill would limit Social Security “child’s benefits” for some older teens who are still in high school. If a student is 18 or older, they could lose these benefits when their parent (the worker the benefit is based on) is at least 67, already getting Social Security, and earns more than $125,000 in that tax year. In short, teens in wealthier households like this would no longer qualify for these student benefits .

Key points:

• Who is affected: Full-time high school or elementary students who are 18 or older and receive benefits based on a parent’s work record.
• What changes: If that parent is 67 or older, is receiving Social Security, and earns over $125,000 in a year, the student would not be treated as eligible for these benefits for that year.
• When: This would apply to benefits paid for months after the bill becomes law.