Is Long-Term Care Insurance Worth It?

Is long-term care insurance coverage simply throwing your cash away? Will you even want long-term care? Or is it a vital piece of planning for the long run? Perhaps you’re simply beginning to look into long-term care insurance coverage, and also you’re questioning, Is long-term care insurance coverage actually price it? Whereas it’s at all … Read more

Does Medicare Pay for Long-Term Care?

For those who’re like most individuals, you may assume Medicare covers long-term care like a nursing house keep or assisted residing services. However this isn’t the case. Medicare—government-sponsored medical health insurance for folks 65 years and older—doesn’t pay for long-term care. It by no means has. That is a kind of pervasive myths floating round … Read more

Tax Advantages of Long-Term Care Insurance – NewsRoomUS

You’re nearly there. Nearly prepared to enroll in long-term care insurance coverage. However you’re simply doing a little extra analysis . . . Nicely, we’re about to make your determination tremendous straightforward. As a result of in case you itemize your deductions, you possibly can rely long-term care insurance coverage premiums towards your tax invoice. … Read more