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 ...

Enter long-term care insurance, which helps cover the costs of extended medical care whether at you’re home, or in a nursing ...

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 ...

Deciding between a stand-alone or hybrid long-term care policy can be confusing. We asked ChatGPT for advice, then had a ...

Seventy percent of people turning age 65 will need some form of long-term care during their lifetime, with women needing care longer than men. Knowing the cost of care is not covered by insurance or ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

Life insurance and annuities with long-term care benefits eliminate two key problems of long-term care insurance. Not only do they provide clients with some asset protection if long-term care is ...

The need for extended long-term care is a possibility retirees need to plan for. Many turn to long-term care insurance policies, believing those will remove the risk. However, some buyers are finding ...

Long-term care insurance can ensure you have the help you need for day-to-day living. There are three main types of long-term care insurance, and which one is best for you will depend on your ...

Executive long-term care insurance can be an attractive benefit both for the company offering it and the insured. For one thing, a company is not required offer coverage to lower level employees ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...