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United States · Bill · S

S. 2415 (117th)

Long-Term Care Affordability Act

referredUnited States· United States Congress· EN

Introduced

21 July 2021

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

10 January 2026

Summary

Long-Term Care Affordability Act This bill allows the use of tax-exempt retirement plan distributions to pay for long-term health care insurance. Specifically, it excludes such distributions from the gross income of an insured individual up to $2,500 for per individual in a taxable year. It also imposes reporting requirements on plans and insured individuals and requires a description of long-term care insurance arrangements and facts sheets for employers and workers.

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Votes

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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