For Retirees

How Do I…

Claim HELPS Tax Deduction?


To claim the HELPS insurance deduction payments on your tax return, you will need to know the full amount paid for the tax year.

TMRS mails letters in January to all retirees who have applied to have insurance premiums deducted from their annuity under the HELPS provision of the Pension Protection Act of 2006.  Your letter will show the amount that TMRS deducted from your annuity payments and paid directly to your insurance provider for the year.

The Pension Protection Act of 2006 allows you, if you are an eligible retired or disabled public safety officer (see box 1), to exclude from your income, payments made from an eligible retirement plan that are used to pay premiums for accident, health, or long-term care insurance up to $3,000 per year.

In accordance with Internal Revenue Service (IRS) instructions, the exclusion from income is not reflected in box 2a of your Form 1099-R. Detailed instructions on where to deduct this amount from income and how to note it on your 1040 or 1040A can be found on page 6 of IRS Publication 575 Pension and Annuity Income.

More information about this exclusion and how to report it may be found in the instructions to forms 1040 (see pages 26-27) and 1040A (see pages 26-27) which may be viewed or downloaded from the IRS website

HELPS Information flyer (pdf)

1
Definition of “public safety officers” under the terms of the PPA

  • Individuals involved in crime and juvenile delinquency control or reduction, or enforcement of the criminal laws (including juvenile delinquency), including but not limited to police, corrections, probation, parole, and judicial officers.
  • Professional firefighters
  • Officially recognized or designated:
    • Public employee members of a rescue squad or ambulance crew
    • Chaplains of fire departments and police departments

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This website is an informal presentation of the TMRS Act and related law. If any specific questions of fact or law should arise, the statutes will govern. TMRS, MyTMRS, and the TMRS logo are registered trademarks of the Texas Municipal Retirement System.