LTC Act of 2005 (H.R. 976, S. 1706)

Overview:

109th Congress (2005-2007)

Type: Use of Retirement Funds

Key Components:

  • Amend 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:

  • Sen. George Allen (R-VA)
    Senate Finance

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