Long-Term Care Affordability Act
Official title: 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.
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.
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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.- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 7107: Long-Term Care Affordability Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-7107/
"H.R. 7107: Long-Term Care Affordability Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-7107/.
H.R. 7107, 117th Cong. (2026), https://openamerica.io/bill/117-HR-7107/.
[H.R. 7107: Long-Term Care Affordability Act](https://openamerica.io/bill/117-HR-7107/)