Amends the IRC of 1986 (H.R. 1150)
Allow individual taxpayers a tax credit for certain long-term health care insurance premiums and expenses paid for the
taxpayer, the taxpayer’s spouse, or dependents.
Healthcare Enhancement for Local Public Safety Retirees Act (H.R. 2177)
Amend the 1987 IRC to permit tax-free distributions up to $5,000 from government retirement plans for premiums for LTC
insurance for public safety officers.
Simple Cafeteria Plan Act (S. 723)
Allow premiums for LTC insurance to be paid on a pre-tax basis through section 125 cafeteria plans and FSAs.
LTC Affordability and Security Act (H.R. 3363, S. 2337)
Allow premiums for LTC insurance to be paid on a pre-tax basis through section 125 cafeteria plans and FSAs.
LTC Trust Account Act (S. 1809, H.R. 3088)
Allow individuals to use funds from 401(k), 403(b) and 457 plans to pay for LTC insurance without penalty for early withdrawal and without paying taxes on the amounts withdrawn.
LTC Trust Account Act (S. 504)
Create a new type of savings account (a LTC Trust Account). Individuals can contribute up to $5,000/year and receive a refundable 10% tax credit on the contribution.
Qualified LTC Fairness Act of 2007 (H.R. 2582)
Establish above-the-line tax deduction for LTC insurance and service expenses; does not require individuals to itemize deductions or have medical expenses that exceed 7.5% (now 10%) of AGI.
Alzheimer’s Family Assistance Act of 2007 (S. 897)
Amend the IRC to provide a nonrefundable tax credit for LTC insurance premiums.
LTC and Retirement Security Act of 2008 (H.R. 5559)
Amend the IRC to provide a nonrefundable tax credit for LTC insurance premiums.
LTC Family Accessibility Act (S. 3365)
Amend the IRC to provide a nonrefundable tax credit for LTC insurance premiums.