‘‘Establishment of Accounts 
‘‘(b) For purposes of accounting for certain receipts 
and disbursement of the Treasury of the United States 
in connection with the Old-Age, Survivors, and Disability 
Insurance Program under part A of title II of the Social 
Security Act and the Individual Social Security Invest-
ment Program under part B of such title, the Secretary 
of the Treasury shall establish and maintain a Social Se-
curity Part A Account, a Social Security Part B Account, 
and a Self-Liquidating Social Security Transition Fund 
Account. 
‘‘Credits and Charges to the Social Security Part A 
Account 
‘‘(c)(1) For each fiscal year, the Social Security Part 
A Account shall be credited with the sum of— 
‘‘(A) all receipts during the year by the Federal 
Old-Age and Survivors Insurance Trust Fund and 
the Federal Disability Insurance Trust Fund under 
section 201 (including amounts received as interest 
on notes and obligations purchased by the Trust 
Funds under section 201(d) of such Act, and exclud-
ing amounts received in redemption of such notes 
and obligations and amounts received by either such 
Trust Fund as transfers from the other such Trust 
Fund), and
‘‘(B) all receipts during the year by the Federal 
Old-Age and Survivors Insurance Trust Fund and 
the Federal Disability Insurance Trust Fund under 
section 121(e) of the Social Security Amendments of 
1983 (relating to appropriation of amounts equiva-
lent to taxes on social security benefits) (42 U.S.C. 
401 note). 
‘‘(2) For each fiscal year, the Social Security Part 
A Account shall be charged with the sum of— 
‘‘(A) all benefits paid during the year from the 
Federal Old-Age and Survivors Insurance Trust 
Fund and the Federal Disability Insurance Trust 
Fund under part A of title II of the Social Security 
Act, 
‘‘(B) all redirected social security contributions 
transferred during the year to the Social Security 
Personal Savings Fund under section 252(b), 
‘‘(C) all other expenditures during the year 
from the Trust Funds under part A of title II (ex-
cluding amounts expended as transfers by either 
such Trust Fund to the other such Trust Fund and 
amounts paid for the purchase of notes and obliga-
tions under section 201(d)), and 
‘‘(D) all transfers from the Federal Old-Age 
and Survivors Insurance Trust Fund to the Self-Liq-
uidating Social Security Transition Fund under sec-
tion 262(d). 
‘‘Charges and Credits to the Social Security Part B 
Account 
‘‘(d)(1) For each fiscal year, the Social Security Part 
B Account shall be credited with— 
‘‘(A) all redirected social security contributions 
transferred during the year to the Personal Social 
Security Savings Fund under section 252(b) of the 
Social Security Act, and 
‘‘(B) any net increase in the Tier I Investment 
Fund attributable to investment for the fiscal year, 
any net increase in the Tier II Investment Fund at-
tributable to investment for the fiscal year, and the 
total amount of any net increases in Tier III Invest-
ment Options attributable to investment for the fis-
cal year. 
‘‘(2) For each fiscal year, the Social Security Part 
B Account shall be charged with— 
‘‘(A) all administrative costs incurred for the 
fiscal year with respect to the Tier I Investment 
Fund, the Tier II Investment Fund, and the Tier III 
Investment Options, 
‘‘(B) any net decrease in the Tier I Investment 
Fund attributable to investment for the fiscal year,
any net decrease in the Tier II Investment Fund at-
tributable to investment for the fiscal year, and the 
total amount of any net decreases in Tier III Invest-
ment Options attributable to investment for the fis-
cal year, and 
‘‘(C) annuity payments made during the year 
under section 258 from the Annuity Reserve Ac-
count in the Savings Fund. 
‘‘Charges and Credits to the Self-Liquidating Social 
Security Transition Fund Account 
‘‘(e)(1) For each fiscal year, the Self-Liquidating So-
cial Security Transition Account shall be credited with— 
‘‘(A) all transfers to the Transition Fund from 
the Federal Old-Age and Survivors Insurance Trust 
Fund under section 262(b), and 
‘‘(B) all amounts expended during the fiscal 
year from the Trust Funds in the redemption under 
section 262(e) of obligations issued by the Transi-
tion fund under section 262(c). 
‘‘(2) For each fiscal year, the Self-Liquidating Social 
Security Transition Fund Account shall be charged with 
the total amount of obligations issued during the fiscal 
year by the Transition Fund under section 262(c)’’.