HELPS Retirees Improvement Act of 2022 (H.R. 7203)

Key Components:

• Increases from $3,000 to $6,000 the amount of the exclusion from gross income of distributions from a tax-exempt retirement plan for health and LTC insurance for public safety officers. It also eliminates the requirement that insurance premiums must be paid directly to the provider of the accident or health plan or LTC insurance contract as a condition of eligibility for the tax
  exclusion.