Long-Term Care Insurance has many tax benefits that help American families plan for the financial costs and burdens of aging. The IRS has released the 2021 deduction limits for individuals and business owners.
The economic uncertainty because of the virus crisis has made some people question if they should still be planning for long-term care. The guaranteed tax-free benefits are exactly what many families need as part of their retirement plan.
You might not see it coming – or you have been expecting it for some time. Your Mom, Dad, spouse, or other family member now needs long-term care. You are responsible. How do you handle caregiving duties?
American, Canadian, and U.K. families are finding themselves dealing with caregiving. The consequences of being a family caregiver impact health, relationships, and finances. De-stress and plan ahead to reduce family burden.
An industry study of Long-Term Care Insurance sales shows most consumers are purchasing policies at younger ages taking advantage of better health and lower premiums. An LTC policy is a vital part of retirement planning.
Sooner or later you will need long-term health care. It might be very long, or relatively short. Most people want to stay in their home as long as possible. Planning makes it easier on family and finances.
The U.S. Census is confirming what we already know. Americans are getting older. As Late-Boomers get close to age 65, the remaining Boomers still have longevity. More dependency means planning is essential.
LHC Group, Inc. (NASDAQ: LHCG), is a national provider of in-home healthcare services and innovations, announced the promotion of two key executives. Joshua Proffitt has been named its new President. Robert Williams has been named the new CFO.
The COVID-19 virus crisis has made more Americans personalize the future health and aging changes they will face in the decades ahead. Addressing future long-term care is an integral part of the equation.