long term care insurance
Tax Changes and Key Amounts for the 2021 Tax Year
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
Plan Now for Long-Term Care
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
Long-Term Care Insurance – To Buy or Not to Buy?
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?
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
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
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Even in Good Times, a ‘Silent Stalker’ Can Raid Your Retirement Plan
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
Does It Makes Sense to Buy Hybrid Long-Term Care Insurance?
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
Using a Health Savings Account to Pay Long-Term-Care Premiums
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
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
6 Options to Fund Long-Term Care in Retirement
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
Hybrid Insurance Policies Gaining Steam
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
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
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
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
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
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
Options for Covering Long-Term-Care Costs
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
Buying Long-Term-Care Coverage for a Parent
Buying Long-Term-Care Coverage for a Parent
It's a smart move. But do it while your parents are still relatively healthy.
November 13, 2013
3 Steps to Take Before Filing a Long-Term-Care Insurance Claim
3 Steps to Take Before Filing a Long-Term-Care Insurance Claim
To avoid a claim denial, make sure you understand what the policy covers.
September 4, 2013
Sign up for the Federal Long-Term-Care Insurance Program?
Sign up for the Federal Long-Term-Care Insurance Program?
Federal employees should compare their options before enrolling in the nation's largest group plan.
May 27, 2011
MetLife to Stop Selling Long-Term-Care Insurance
MetLife to Stop Selling Long-Term-Care Insurance
However, it will continue to service existing policies.
November 17, 2010
How Much Long-Term-Care Coverage Do You Need?
How Much Long-Term-Care Coverage Do You Need?
Start by finding out the average cost of care where you live. A just-released study by insurer Genworth makes that easy.
April 30, 2009