Paying for Long-Term Care without LTC Insurance
Do you regret not signing up and paying for long-term care insurance?
If you did buy long-term care insurance, are your pre premiums becoming so expensive that you are considering whether you should terminate your policy? We will discuss how you can pay for long-term care without long-term care insurance.
We will cover
- claiming the medical expense tax deduction
- drawing more from your qualified funds (TSP/401k/IRAs)
- what Medicare does not pay for
- Medicaid and spending down your assets and
- other techniques to qualify for benefits without going broke.
Understanding Your LTC Insurance Policy
Do you know how your long-term care insurance policy works?
In this session we will discuss long-term care insurance and some key concepts applicable to most policies.