Long-Term Care Insurance
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Choosing the Best Long-Term Care Insurance Policy
Long-Term Care Insurance Here are three questions to answer that can help steer you in making this critical retirement planning decision.
By Dennis Ho, FSA, CFA® Published
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How Can a Trust Help You Avoid Nursing Home Costs?
Long-Term Care Insurance An asset-protection trust is one strategy to consider to help preserve your family's legacy, but it must be done thoughtfully ... and early.
By Chris Berry, Investment Adviser Representative, Attorney Published
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The Real Reasons People Decide to Buy Long-Term Care Insurance
Long-Term Care Insurance Before you dig into costs, benefits and contingency plans, step back and look at the big picture. This decision is bigger than budgets and life-expectancy tables. It's about your family and your wishes for them as well as yourself.
By Dennis Ho, FSA, CFA® Published
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Avoid the Obstacles of Long-Term-Care Claims
Long-Term Care Insurance Filing a claim can be an ordeal, but these preventive measures will streamline the process.
By Kimberly Lankford Published
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Time to Get Your Head Out of the Sand about Long-Term Care
Long-Term Care Insurance As more Boomers are becoming caregivers themselves for their parents and loved ones, the realities of the costs and work involved are sinking in. It's time to make a plan for yourself.
By Neale Godfrey, Financial Literacy Expert Published
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What to Know Before Purchasing a Long-Term Care Rider
Long-Term Care Insurance Do you know the difference between a long-term care rider and chronic illness rider? Section 7702B and Section 101(g)? If you're contemplating a life insurance policy or annuity with a long-term care rider, make sure to understand the key terms.
By Carlos Dias Jr., Wealth Adviser Published
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The Costs of Caregiving Go Far Beyond the Obvious
Long-Term Care Insurance Seeing a loved one through a long illness or disability is an expensive proposition, and that’s not just in a financial sense. To be ready for this important role, you need to realize there are many other potential "costs."
By Barbara Shapiro, CFP®, CDFA®, CeFT Published
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Is Hybrid Long-Term Care Insurance Right for You?
Long-Term Care Insurance 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’t just evaporate if you never need the benefits: Your heirs could get most of it back as an inheritance.
By Bud Boland, CFP® Published
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Thinking of Paying for Long-Term Care from Your IRA? Think Again.
Long-Term Care Insurance Chances are a big portion of your retirement savings are in pretax accounts like a 401(k) or IRA. If you need to tap those accounts for costly care, you must realize that every dollar is taxable. And you might be shocked at the tax rates that come with withdrawals large enough to foot the bill.
By Bradley White, CFP™, IAR Published
Long-Term Care Insurance