As a business owner, you know the importance of planning for your company’s future, including attracting and retaining key employees. Inadequate planning for the possibility of future LTC issues can have a huge impact on your business, your key employees, and your portfolio.
Planning for the cost of long-term care is something nearly every household should think about. This article describes how and why you might consider starting now.
When deciding whether or not to buy long-term care insurance, consider the potential cost of care, the cost of insurance premiums, and the coverage provided.
They may have heard about what a Health Savings Account can potentially offer them: a pool of tax-exempt dollars for health care, a path to tax savings, even a possible source of retirement income after age 65. You may want to look at this option yourself.
We learned of some ways to handle common health insurance situations such as retiring before Medicare eligibility, having no or limited benefits at work, and turning 26 and becoming ineligible to remain on parents' plan.