Summary: H.R.2133 — 101st Congress (1989-1990)All Information (Except Text)

There is one summary for H.R.2133. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (04/26/1989)

Amends the Internal Revenue Code to exclude from gross income any distribution from an individual retirement plan if: (1) the payee has attained age 59 1/2 on or before the date of distribution; and (2) the distribution is used during the taxable year to pay premiums for a long-term health care insurance policy covering necessary diagnostic, preventive, therapeutic, rehabilitative, maintenance, or personal care services for the payee or a spouse meeting the same 59 1/2 year age requirement.