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Code · BILL · 116th Congress · H.R. 3 (Engrossed in House) — To establish a fair price negotiation program, protect the Medicare program from excessive price increases, and estab... · Sec. 506

Sec. 506. Providing for certain rules regarding the treatment of eligible retirement plans in determining the eligibility of individuals for premium and cost-sharing subsidies under part D of the Medicare program

125 words·~1 min read·/bill/116/hr/3/eh/section-506

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Section 1860D–14(a)(3)(C)(i) of the Social Security Act ( 42 U.S.C. 1395w–114(a)(3)(C)(i) ) is amended, by striking except that support and maintenance furnished in kind shall not be counted as income; and and inserting except that— support and maintenance furnished in kind shall not be counted as income; and for plan years beginning on or after January 1, 2024, any distribution or withdrawal from an eligible retirement plan (as defined in subparagraph
(B)of section 402(c)(8) of the Internal Revenue Code of 1986, but excluding any defined benefit plan described in clause
(iv)or
(v)of such subparagraph and any qualified trust (as defined in subparagraph
(A)of such section) which is part of such a defined benefit plan) shall be counted as income; and .
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  • 42 USC 1395w–114(a)(3)(C)(i)
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Sec. 506
Providing for certain rules regarding the treatment of eligible retirement plans in determining the eligibility of individuals for premium and cost-sharing subsidies under part D of the Medicare program
Cite42 USC 1395w–114(a)(3)(C)(i)
Cites 1Cited by 0 across 0 sources
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