long term care insurance

Tax Changes and Key Amounts for the 2022 Tax Year
tax law

Tax Changes and Key Amounts for the 2022 Tax Year

Americans are facing a long list of tax changes for the 2022 tax year. Smart taxpayers will start planning for them now.
June 10, 2022
2021 Tax Returns: What's New on the 1040 Form This Year
tax filing

2021 Tax Returns: What's New on the 1040 Form This Year

If you're a last-minute filer, familiarize yourself with potential changes for your 2021 tax return before tackling your 1040.
April 14, 2022
How to Handle an Increase in Your Long-Term Care Premiums
long term care insurance

How to Handle an Increase in Your Long-Term Care Premiums

The cost of long-term care insurance keeps rising, and if your premiums are becoming unaffordable you should know that you have options. Here are five…
December 27, 2021
Important Planning Considerations: Insurance & Long-Term Care
long term care insurance

Important Planning Considerations: Insurance & Long-Term Care

Your retirement plan isn’t complete until you’ve looked into getting the insurance you need, including life insurance, disability insurance and a plan…
November 19, 2021
Is Hybrid Long-Term Care Insurance Right for You?
Long-Term Care Insurance

Is Hybrid Long-Term Care Insurance Right for You?

If you hate the idea of paying for long-term care insurance you may never use, a hybrid policy could be for you. The money you paid in premiums doesn’…
October 28, 2021

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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
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
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
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
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
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
Hybrid Insurance Policies Gaining Steam
Long-Term Care Insurance

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 Insurance

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 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
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
Options for Covering Long-Term-Care Costs
Long-Term Care Insurance

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
Long-Term Care Insurance

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
Long-Term Care Insurance

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?
Long-Term Care Insurance

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
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?
Long-Term Care Insurance

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