What tax advantages are you overlooking?

This week is about tax deductions and tax savings with LTC insurance.  Individuals and business owners often overlook the tax advantages that a long term care insurance plan offers.  

Listen and learn who can use what kind of tax planning when funding their LTC plan.

Disclosure: I am not an accountant or tax advisor.  I'm simply sharing what tax saving strategiesa are available.  Consult your CPA or tax advisor for specifics to your situation.

Note: I mention non-forfeiture benefits on traditional LTC plans.  This rider lets a policyholder cancel their plan any time after three years AND RETAIN BENEFITS EQUAL TO PREMIUMS ALREADY PAID.  I left this last part out in the recording.

Estimate LTC insurance rates for 6 year plans with 3% inflation growth here

See what Medicad let's us keep in different states currently here

View median costs of care in various settings where you live here

Schedule a phone or Zoom meeting here