long term care insurance

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

Don't get caught off guard this tax season. Familiarize yourself with potential changes for your 2021 tax return before tackling your 1040.
January 21, 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
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

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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

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
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

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

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

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?
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