federal Pension Protection Act - PSO

[BTDT2]

A tax reminder: If you’re a retired public safety officer, the federal Pension Protection Act of 2006 (PPA) permits you to exclude up to $3,000 of your qualified health, accident and long-term care insurance premiums from your gross taxable income each year, as long as the premiums are deducted from your retirement benefit. (IRS publication 575, the section titled: "Insurance Premiums for retired public safety officers" (pp.5-6). http://www.irs.gov/pub/irs-pdf/p575.pdf

I hope retired members find this info useful...

[GoldBadge]

For retired Feds, check IRS Publication 721.