Long-Term Care Insurance

Insurance for Long-Term Care at Home
retirement

Insurance for Long-Term Care at Home

In the wake of COVID-wracked nursing homes, increasingly more people are looking at options to age in place with long-term care insurance.
September 17, 2020
Time for an Insurance Review
Coronavirus and Your Money

Time for an Insurance Review

You may need to update your policies in light of COVID-19.
July 30, 2020
Choosing the Best Long-Term Care Insurance Policy
retirement

Choosing the Best Long-Term Care Insurance Policy

Here are three questions to answer that can help steer you in making this critical retirement planning decision.
June 9, 2020
How Can a Trust Help You Avoid Nursing Home Costs?
retirement

How Can a Trust Help You Avoid Nursing Home Costs?

An asset-protection trust is one strategy to consider to help preserve your family's legacy, but it must be done thoughtfully ... and early.
April 28, 2020
The Real Reasons People Decide to Buy Long-Term Care Insurance
insurance

The Real Reasons People Decide to Buy Long-Term Care Insurance

Before you dig into costs, benefits and contingency plans, step back and look at the big picture. This decision is bigger than budgets and life-expect…
April 6, 2020

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Time to Get Your Head Out of the Sand about Long-Term Care
retirement

Time to Get Your Head Out of the Sand about Long-Term Care

As more Boomers are becoming caregivers themselves for their parents and loved ones, the realities of the costs and work involved are sinking in. It's…
October 8, 2019
What to Know Before Purchasing a Long-Term Care Rider
life insurance

What to Know Before Purchasing a Long-Term Care Rider

Do you know the difference between a long-term care rider and chronic illness rider? Section 7702B and Section 101(g)? If you're contemplating a life …
September 27, 2019
Deduct Expenses for Long-Term Care on Your Tax Return
long term care

Deduct Expenses for Long-Term Care on Your Tax Return

The IRS allows some limited tax breaks on medical expenses and insurance premiums related to long-term care.
September 4, 2019
The Costs of Caregiving Go Far Beyond the Obvious
retirement

The Costs of Caregiving Go Far Beyond the Obvious

Seeing a loved one through a long illness or disability is an expensive proposition, and that’s not just in a financial sense. To be ready for this im…
May 3, 2019
Does It Makes Sense to Buy Hybrid Long-Term Care Insurance?
long term care

Does It Makes Sense to Buy Hybrid Long-Term Care Insurance?

For well-off people in particular, this alternative to traditional policies or the option of self-insuring could be an attractive possibility.
April 30, 2019
Thinking of Paying for Long-Term Care from Your IRA? Think Again.
retirement

Thinking of Paying for Long-Term Care from Your IRA? Think Again.

Chances are a big portion of your retirement savings are in pretax accounts like a 401(k) or IRA. If you need to tap those accounts for costly care, y…
March 19, 2019
How to Afford Long-Term Care
long term care

How to Afford Long-Term Care

Your options range from conventional coverage to tapping your life insurance benefits.
January 31, 2019
Retirement Housing Options for LGBT Seniors
retirement

Retirement Housing Options for LGBT Seniors

The number of lesbian, gay, bisexual and transgender Americans age 65 and older is projected to reach seven million by 2030.
January 7, 2019
Something BIG Could Be Missing from Your Retirement Plan
retirement

Something BIG Could Be Missing from Your Retirement Plan

About 70% of people who reach age 65 could potentially need long-term care at some point in their lives, and it can easily cost $100,000 a year. You n…
October 24, 2018
Caring for Your Aging Parents: How to Prepare
retirement

Caring for Your Aging Parents: How to Prepare

The time to get ready is well before the time comes. Here's how to approach some important talks and what you need to cover.
September 21, 2018
How Couples Can Share Long-Term-Care Benefits
long term care insurance

How Couples Can Share Long-Term-Care Benefits

Spouses can choose a long-term-care policy with “shared” coverage, giving them a pool of benefits that they can split.
June 15, 2018
The Long-Term-Care Insurance Dilemma
insurance

The Long-Term-Care Insurance Dilemma

Premiums keep rising, but you may need a policy more than ever.
April 4, 2018
The Ins and Outs of Buying Long-Term Care Insurance
retirement

The Ins and Outs of Buying Long-Term Care Insurance

Think about this coverage not just as insurance for long-term care, but for your retirement nest egg itself. With that in mind, here are some tips.
March 9, 2018
Using a Health Savings Account to Pay for Long-Term-Care Insurance
long term care

Using a Health Savings Account to Pay for Long-Term-Care Insurance

You can tap an HSA to pay for long-term-care insurance, but the amount you can withdraw tax-free depends on your age.
March 7, 2018
6 Options to Fund Long-Term Care in Retirement
long term care

6 Options to Fund Long-Term Care in Retirement

It's not fun to think about, but if you boil down your choices a bit, making a plan for what could easily cost several thousand per month becomes less…
February 28, 2018
Long-Term Care Insurers Steering Through Tough Times
retirement

Long-Term Care Insurers Steering Through Tough Times

As the future of LTC insurance grows uncertain, make sure you check up on the stability of your insurer.
June 14, 2017
When Long-Term-Care Policies Kick In
insurance

When Long-Term-Care Policies Kick In

Most policies pay when you need help with two of six activities of daily living or you are cognitively impaired. And most have a waiting period of 60 …
June 12, 2017
Don’t Let Long-Term Care Costs Devastate Your Retirement
retirement

Don’t Let Long-Term Care Costs Devastate Your Retirement

Can you afford $8,000 per month for care? Chances are, you'll need it at some point. Some solutions to that pricey problem include long-term care insu…
May 8, 2017
Do You Have a Plan in Place for Long-Term Care?
retirement

Do You Have a Plan in Place for Long-Term Care?

Chances are, you’re going to need it someday, and luckily there are several options, including annuities and life insurance with an acceleration of th…
May 5, 2017
Older Veterans Often Miss Out on Long-Term-Care Benefits of Up to $2,210 Each Month
insurance

Older Veterans Often Miss Out on Long-Term-Care Benefits of Up to $2,210 Each Month

If you qualify, be sure to follow the rules to collect the Aid and Attendance benefits you've earned in service to our country.
February 8, 2017