Imagine this. You’re using your own retirement money — money you’ve already worked a lifetime to save — to pay for long-term ...
FAQ: Tax Benefits of Long-Term Care Insurance. By Russ Banham. There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life ...
Long-term care insurance provides certainty that home health care and nursing home services will be available when and if they are needed. As a bonus, the IRS allows some nice tax breaks for qualified ...
It started quietly in one corner of the country. In 2022, Washington State rolled out the first program of its kind — a ...
After facing the threat that more of their wealth could have been caught in the net of estate taxes, your wealthy clients likely recently breathed a big sigh of relief. The One Big Beautiful Bill Act ...
As of July 1, Washington families began facing a major new tax increase that will hit them where and when they’re most vulnerable; at the bedside of an aging loved one. Buried in the state’s new ...
Planning for long-term care is a wise financial decision. Creatas Thinkstock photo Washington is the first state to approve a payroll tax that will raise money to cover long-term care costs for some ...