The IRS has announced the 2019 tax incentives for new or existing policies. These tax breaks give American’s extra incentive to plan for costs & burdens of aging.
IRS and Taxes
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While many people are enjoying the lower tax-rates provided by the Trump tax law, few know the medical expense deduction threshold will increase unless action is taken by Congress.
American families are being impacted by the financial costs and burdens of aging. Long-Term Care costs are expensive. Tax benefits make LTC insurance even more affordable. Plan before retirement.