Understanding the Costs and Financial Benefits of Long-Term Care Insurance

Explore how Long-Term Care Insurance can protect your finances, reduce future care expenses, and provide peace of mind for you and your family.

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Record 401(k) Millionaires: A Boon for Retirement, But Long-Term Care Can Derail Your Plan

LONG-TERM CARE INSURANCE

Record 401(k) Millionaires: A Boon for Retirement, But Long-Term Care Can Derail Your Plan

While the number of 401(k) millionaires is reaching record highs, the rising costs of long-term care can quickly erode these retirement savings. Without proper planning, including Long-Term Care Insurance, even a robust 401(k) may not be enough to cover the substantial expenses associated with aging and long-term care.

LONG-TERM CARE INSURANCE

Long-Term Care Insurance Cost: Factors, Considerations and Price Ranges

What’s the cost of Long-Term Care Insurance? It’s important to know how much you’ll pay for coverage each month, especially if you’re trying to plan for your future long-term care needs. In this article, we’ll break down the factors that affect premiums and give you policy cost examples.

Multiple States Considering Implementing Long-Term Care Tax

LONG-TERM CARE INSURANCE

Multiple States Considering Implementing Long-Term Care Tax

Nineteen states, including California and New York, are considering following Washington's lead in taxing those who do not own Long-Term Care Insurance. These plans may vary dramatically, but they illustrate the importance of planning now to protect assets, access quality care, and even avoid tax in the decades ahead.

Most Mistakenly Think Medicare Will Cover LTC Needs

LONG-TERM CARE INSURANCE

Most Mistakenly Think Medicare Will Cover LTC Needs

Many people think Medicare pays for long-term health care even though it will pay little or nothing. Families face financial strain paying for professional care. Despite being untrained and unprepared for this demanding job, some family members must become caregivers. There is a way to plan.

Use HSA to Pay for Long Term Care Insurance Premiums

LONG-TERM CARE INSURANCE

Use HSA to Pay for Long Term Care Insurance Premiums

Pre-tax money in a Health Savings Account (HSA) can pay for Long-Term Care Insurance premiums. The IRS now allows a different amount of money to be contributed to an HSA for 2024 and an additional “catch-up” for those aged 55 and older.

Latest Articles

What Are Long-Term Care Insurance Tax Deductions? (2024)

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The Ultimate Long-Term Care Insurance Guide

The Ultimate Long-Term Care Insurance Guide

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Future Long-Term Care Insurance Rate Increase Risk Near Zero

Future Long-Term Care Insurance Rate Increase Risk Near Zero

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Is Long-Term Care Insurance Worth It? Yes, and Here’s Why

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Cost, Payments & Premiums

Cost, premium and payment information, based on the top questions we get from policy holders.

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Tax Deductions and Policy Benefits of LTC Insurance

Understanding your benefits and changing tax laws is the first step to maximizing the value of a Long-Term Care Insurance policy.

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Cost & Financial Benefits of Long-Term Care Insurance

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Recent LTC Insurance News & Resources

Will Long-Term Care Insurance Premiums Increase?

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Washingtonians Preparing for LTC Tax - Time for Exemption is Nearing - Other States Looking to Follow

Washingtonians Preparing for LTC Tax - Time for Exemption is Nearing - Other States Looking to Follow

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Long-Term Care Insurance Tax Benefits Guide

Long-Term Care Insurance Tax Benefits Guide

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What Are Riders In Long-Term Care Insurance?

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When Is The Best Time To Apply For Long-Term Care Insurance?

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