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.
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.
Why procrastinate? The earlier you opt for LTC coverage, the cheaper the premiums. This is why many people consider purchasing it before they retire. Those in poor health or over the age of 80 are often ineligible for coverage.