Skip to main content
S. 4820 116th Congress Senate

Long-Term Care Affordability Act

Official title: A bill to amend the Internal Revenue Code of 1986 to expand the use of retirement plan funds to obtain long-term care insurance, and for other purposes.

Introduced: October 20, 2020 See on congress.gov
Taxation
Sign in to write a letter Sign in to watch
This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 20, 2020
Introduced in Senate
Oct 20, 2020
Read twice and referred to the Committee on Finance.
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action October 20, 2020

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

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.
 Related & companion bills 1
  • S 2415 Reintroduced Bill Long-Term Care Affordability Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 4820: Long-Term Care Affordability Act. 116th Congress. Open America. https://openamerica.io/bill/116-S-4820/
MLA
"S. 4820: Long-Term Care Affordability Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-S-4820/.
Bluebook (legal)
S. 4820, 116th Cong. (2026), https://openamerica.io/bill/116-S-4820/.
Markdown link
[S. 4820: Long-Term Care Affordability Act](https://openamerica.io/bill/116-S-4820/)
Report a problem