LTC Tax Reduction Act (H.R. 4220)
Overview:
109th Congress (2005-2007)
Type: Use of Retirement Funds
Key Components:
- Amends the IRC to exclude from gross income distributions from an individual retirement account and other tax-exempt retirement plans used to pay LTC insurance premiums.
Key Authors:
- Rep. John McHugh (R-NY)
House Ways and Means
LTC Tax Reduction Act (H.R. 4220)
Category:
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