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S. 1317

BillFederalSenateIntroduced
Retirement Freedom Act
About This Bill
Introduced
Latest Action · June 30, 2011
Introduced in the Senate. Read twice. Ordered Placed on Senate Legislative Calendar under General Orders. Calendar No. 92.
Congress
112th (2011–2013)
Introduced
June 30, 2011
Sponsor
Sen. James DeMintR
Cosponsors (15)
0D 15R
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Summary

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Retirement Freedom Act - Allows any individual who is otherwise entitled to benefits under part A (Hospital Insurance) of title XVIII (Medicare) of the Social Security Act (SSA) to elect to opt out of such entitlement. Allows an individual who has opted out of Medicare to opt back in without penalty. Prohibits any requirement to opt out of SSA title II (Old Age, Survivors, and Disability Insurance) (OASDI) as a condition for opting out of Medicare.

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