LTC Retirement and Security Act (H.R. 6005)
Overview:
112th Congress (2011-2013)
Type: Tax Deductions; Use of FSA Funds and Cafeteria Plans
Key Components:
- Create tax deduction for LTC insurance premiums, starting
at 25% in 2013 and increasing to 65% in 2015, and 100%
thereafter. Allow deductions to be made for long-term care
insurance under both cafeteria plans and flexible savings
accounts (FSAs).
Key Authors:
- Rep. Joe Courtney (D-CT)
House Ways and Means
LTC Retirement and Security Act (H.R. 6005)
Category:
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