Ronald Reagan Alzheimer’s Breakthrough Act of 2004 (S. 2533, H.R. 4595)
Same as S. 1335, but no cost estimate and does not
include cafeteria plan/FSA.
LTC and Retirement Security Act (S. 1335)
Companion bill to H.R. 6405 (above). Amend the IRC of 1986 to allow individuals a deduction for qualified LTC insurance
premiums, the use of such insurance under cafeteria plans and flexible spending arrangements.
LTC and Retirement Security Act, 2003 (HR 2096)
Companion bill to H.R. 6405 (above). Amend the IRC of 1986 to allow individuals a deduction for qualified LTC insurance
premiums, the use of such insurance under cafeteria plans and flexible spending arrangements.
Improving Long-Term Care Choices Act of 2005 (S. 1602)
Companion bill to H.R. 6405 (above). Amend the IRC of 1986 to allow individuals a deduction for qualified LTC insurance
premiums, the use of such insurance under cafeteria plans and flexible spending arrangements.
Long-Term Care Improvement Act of 2006 (H.R. 6405)
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.
LTC Act of 2005 (H.R. 976, S. 1706)
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.
Comprehensive LTC Support Act or 2006 (H.R. 6211)
Amend the IRC to allow a deduction from gross income (available for taxpayers who do not itemize deductions) for the cost of LTC premiums for the taxpayer and certain family members.
LTC Tax Reduction Act (H.R. 4220)
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.
LTC Support and Incentive Act (H.R. 2935)
Amend the IRC to: (1) allow a tax deduction from gross income for 50% of the LTC premiums paid under a qualified LTC insurance contract for individuals under age 65 (increases the deduction percentage to 75% for premiums paid for individuals age 65+); (2) permit qualified LTC insurance contracts to be offered in a cafeteria plan and FSAs under certain conditions; (3) allow
a nonrefundable tax credit of $4,000, subject to a phase-out for incomes exceeding $150,000 (joint returns) or $75,000 (individuals), for each individual age 65+ who has been certified as having LTC needs for at least 180 consecutive days in a taxable
year and for whom the taxpayer is acting as a caregiver; and (4) mandate certain consumer protections for insurance contracts.
LTC and Retirement Security Act of 2005 (H.R. 2682)
Amend the IRC to: (1) allow a tax deduction from gross income for LTC insurance premiums; (2) include LTC insurance in employee benefit cafeteria plans and flexible spending arrangements; (3) allow a tax credit for certain LTC costs; (4) set forth certain consumer protections for LTC insurance contracts; and (5) allow tax free exchanges of LTC insurance contracts.