Long-Term Care and Tax Legislation
A hot debate is raging regarding the new Johnson-Thurman Bill which allows people who pay 50 percent or more of the cost of a qualified long-term care policy a tax deduction. The bill does not provide tax deductions for non-tax-qualified long-term care policies.
Below are links to information about the recent legislation known as the Long-Term Care and Retirement Security Act and a letter which you can forward to your state senator stating your support for equal tax advantages for both qualified and non-tax-qualified plans. Please feel free to contact us if you have additional thoughts on this subject.
Legislation Debate Continues—Letters to the Editor of the National
Debate—Article From The National Underwriter,
Legislation Debate—Editorial Comment From The National Underwriter,
Questions or comments regarding this website? E-mail Webmaster.