H.R. 5559 · 110th Congress

Long-Term Care and Retirement Security Act of 2008

Stage
In committee
Introduced
2008-03-06
Latest action
2008-03-06 · Introduced in House

Summary

Long-Term Care and Retirement Security Act of 2008 - Amends the Internal Revenue Code to: (1) allow a tax deduction from gross income for long-term care insurance premiums; (2) include long-term care insurance in employee benefit cafeteria plans and flexible spending arrangements; (3) allow a tax credit for certain long-term care costs; and (4) set forth certain consumer protections for long-term care insurance contracts.