A bill to provide that an individual who has attained age 65 will not be required to pay the social security tax on his first $2,400 of wages and self-employment income.

Provides, under the Internal Revenue Code, that an individual who has attained the age of 65 will not be required to pay the social security tax (FICA or Self-Employment Contributions Act) on his first $2,400 of wages and self-employment income, respectively.