long term care

Tax Changes and Key Amounts for the 2021 Tax Year
tax law

Tax Changes and Key Amounts for the 2021 Tax Year

Americans are facing a long list of tax changes for the 2021 tax year. Smart taxpayers will start planning for them now.
September 23, 2021
Is Your Retirement Plan Missing an Essential Piece?
long term care

Is Your Retirement Plan Missing an Essential Piece?

Long-term care is a major risk that many financial advisers just aren’t talking about with their clients. Here’s why and some creative options for you…
September 11, 2021
The Long-Term Care Conundrum
long term care

The Long-Term Care Conundrum

The costs of long-term care are tough to bear, so what is the best way for you to go about planning for them? Answering these two questions is a good …
August 22, 2021
Crucial Steps in the Search for the Right Nursing Home
long term care

Crucial Steps in the Search for the Right Nursing Home

Finding a skilled nursing facility or nursing home after a hospital stay can be daunting. Follow these steps and tips to make the process easier.
August 18, 2021
Plan Now for Long-Term Care
Long-Term Care Insurance

Plan Now for Long-Term Care

You could buy insurance to finance future costs, but policies are pricey. Here’s how to decide whether you need coverage.
July 28, 2021

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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.
June 30, 2021
Long-Term Care Insurance – To Buy or Not to Buy?
Long-Term Care Insurance

Long-Term Care Insurance – To Buy or Not to Buy?

Should you buy long-term care insurance or save up to self-insure? There are many trade-offs to consider. And, surprise: It doesn’t have to be one or …
May 27, 2021
The Odds Say Long-Term Care May Be in Your Future: Are You Prepared?
Long-Term Care Insurance

The Odds Say Long-Term Care May Be in Your Future: Are You Prepared?

There are options other than long-term care insurance, so it’s a good idea to examine your options sooner rather than later.
May 11, 2021
Deduct Expenses for Long-Term Care on Your Tax Return
Long-Term Care Insurance

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.
March 23, 2021
A COVID Storm Hits Senior Living
Coronavirus and Your Money

A COVID Storm Hits Senior Living

The pandemic has created significant challenges for all types of senior living communities. Because of that, it's more important than ever to review a…
March 3, 2021
Caught in the Middle: How Young Parents Can Plan for Long-term Care
Long-Term Care Insurance

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
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
Sandwich Generation Faces Caregiving Challenges
Caregiving

Sandwich Generation Faces Caregiving Challenges

The sandwich generation has it tough in the best of times. The pandemic has made it even tougher.
August 26, 2020
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
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 Insurance

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 Insurance

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 Insurance

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