long term care

Caught in the Middle: How Young Parents Can Plan for Long-term Care
long term care

Caught in the Middle: How Young Parents Can Plan for Long-term Care

One family’s story shows how important long-term care plans are … and how whole life insurance with a long-term care rider can help.
October 29, 2020
7 Things Medicare Doesn’t Cover
Healthy Living on a Budget

7 Things Medicare Doesn’t Cover

Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage. Here's a closer look at what isn't covered by Medicare.
October 1, 2020
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
Medicare Basics: 11 Things You Need to Know
Medicare

Medicare Basics: 11 Things You Need to Know

There's Medicare Part A, Part B, Part D, medigap plans, Medicare Advantage plans and so on. We sort out the confusion about signing up for Medicare --…
September 16, 2020
When Elder Care Requires Legal Advice
Caregiving

When Elder Care Requires Legal Advice

Consult an elder care lawyer preemptively to avoid making a panicked phone call in the moment.
September 15, 2020

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Don’t Be a ‘Helicopter Child’ in Retirement
Caregiving

Don’t Be a ‘Helicopter Child’ in Retirement

Signs and signals you're hovering over your aging parents and infantilizing them.
August 26, 2020
Even in Good Times, a ‘Silent Stalker’ Can Raid Your Retirement Plan
long term care insurance

Even in Good Times, a ‘Silent Stalker’ Can Raid Your Retirement Plan

Chances are you or your spouse will need long-term care at some point … and it isn’t cheap. A look at the options reveals one interesting possibility:…
July 14, 2020
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
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
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
Using a Health Savings Account to Pay Long-Term-Care Premiums
long term care

Using a Health Savings Account to Pay Long-Term-Care Premiums

You can tap an HSA to pay the premiums for a long-term-care insurance policy, but the amount you can withdraw tax-free depends on your age.
January 11, 2019
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
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
The Impossible Reality of Long-Term Care Planning
long term care

The Impossible Reality of Long-Term Care Planning

Unless you're very rich or very poor, you should be looking into all of the long-term care possibilities out there. Because of the costs and complexit…
January 2, 2018
Hybrid Insurance Policies Gaining Steam
long term care

Hybrid Insurance Policies Gaining Steam

If you can't afford traditional long-term-care insurance, a new strategy that combines life insurance with long-term-care benefits may be more practic…
January 18, 2017
Options for Dealing With Rising Long-Term-Care Insurance Premiums
long term care

Options for Dealing With Rising Long-Term-Care Insurance Premiums

Buffeted by huge rate hikes, most policyholders are choosing to trim their coverage.
June 6, 2016
4 Secrets to Buying Long-Term-Care Insurance
long term care

4 Secrets to Buying Long-Term-Care Insurance

Policies are rising in price, while benefits are getting skimpier. Here's how to get the best deal for you.
April 27, 2015
Deducting Long-Term-Care Premiums
long term care

Deducting Long-Term-Care Premiums

For most policies, a portion of the premiums counts toward deductible medical expenses.
February 18, 2015
How to Buy Long-Term-Care Insurance
long term care insurance

How to Buy Long-Term-Care Insurance

When to get it, how much you need and ways to cut the cost.
January 6, 2015
What You Must Know About Medicaid and Long-Term Care
long term care insurance

What You Must Know About Medicaid and Long-Term Care

Medicaid pays for nursing-home care for those with little to no income and assets.
November 14, 2014
Paying Long-Term-Care Premiums With HSA Money
long term care

Paying Long-Term-Care Premiums With HSA Money

The amount you can withdraw from a health savings account tax-free to pay premiums depends on your age.
July 8, 2014
Options for Covering Long-Term-Care Costs
options

Options for Covering Long-Term-Care Costs

Facing scaled-back benefits and premium hikes, baby boomers can use several strategies to help cover future costs.
April 23, 2014
Long-Term-Care Coverage With an Asset-Protection Twist
long term care

Long-Term-Care Coverage With an Asset-Protection Twist

A “partnership-eligible” policy may allow you to keep more of your assets if you eventually need to rely on Medicaid.
March 25, 2014