High costs of long-term care necessitate discussions with clients of strategies to most effectively cover this contingency.
It started quietly in one corner of the country. In 2022, Washington State rolled out the first program of its kind — a mandatory long-term care insurance tax on workers’ paychecks. The goal? Help ...
Now everyone is taking a deep breath, even a sigh of relief because the tax benefits for estates will only increase from the $13.61 million dollar level for the time being. Could there be a downside ...
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 ...
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