In general .—
The term “qualified long-term care distribution” means so much of the distributions made during the taxable year as does not exceed, in the aggregate, the least of the following:
(I)#
The amount paid by or assessed to the employee during the taxable year for or with respect to certified long-term care insurance for the employee or the employee’s spouse (or other family member of the employee as provided by the Secretary by regulation).
(II)#
An amount equal to 10 percent of the present value of the nonforfeitable accrued benefit of the employee under the plan.
(III)#
$2,500.