Sec. 304. Retirement freedom
149 words·~1 min read·
/bill/116/s/4537/is/section-304·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any individual who is otherwise entitled to benefits under part A of title XVIII of the Social Security Act may elect (in such form and manner as may be specified by the Secretary of Health and Human Services) to opt out of such entitlement. Notwithstanding any other provision of law, in the case of an individual who makes such an election, such individual— may (in such form and manner as may be specified by the Secretary) subsequently choose to end such election and opt back into such entitlement (in accordance with a process determined by the Secretary) without being subject to any penalty; shall not be required to opt out of benefits under title II of such Act as a condition for making such election; and shall not be required to repay any amount paid under such part A for items and services furnished prior to making such election.