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How to Get Long-Term Care in Place for Aging Family Members
So your parents have smartly paid long-term care insurance premiums of a few hundred dollars a month for 15 years. Now they need help in their house and are ready to file a claim and reap the financial payback of their prudent planning. The average cost of a home health aide in a retiree’s home … Continue reading "How to Get Long-Term Care in Place for Aging Family Members"
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Washington State Long-Term Care Program- Employers Take Notice & Act Quickly
The Washington Long-Term Care Program is the nation's first public state-operated long-term care insurance program. The Program, which is codified at RCW chapter 50B.04, will be funded by a .0058 (0.58 percent) payroll tax on all employee wages, beginning January 1, 2022. Employers will be required to collect this premium assessment via after-tax payroll contributions and will remit those premiums to the Washington State Employment Security Department (ESD) as part of their quarterly reporting. Employers are not required to contribute to the Program, just remit the employee-paid taxes.
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What Long-Term Care Insurance Is (and Why You Might Want to Consider It Now)
Buy now, get the care you need later. The standard approach to saving for retirement tends to be acquiring a large pot of money which you then invest (ideally in a tax-advantaged retirement account). What many retirees (or those soon to retire) soon realize is that the same pot of money that you use for food, vacations, and … Continue reading "What Long-Term Care Insurance Is (and Why You Might Want to Consider It Now)"
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An afternoon nap could improve your cognitive abilities, study says
By Megan Marples, CNN Updated 11:41 AM ET, Thu January 28, 2021 (CNN)Taking an afternoon snooze could keep your brain sharp, a new study has said. Adults ages 60 and older who took afternoon naps showed signs of better mental agility compared to those who didn’t nap, according to a study published in General Psychiatry earlier … Continue reading "An afternoon nap could improve your cognitive abilities, study says"
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2021 Tax Deductions for Long-Term Care Premiums Released
2021 Long Term Care Insurance Federal Tax Deductible Limits Taxpayer’s Age At End of Tax Year – Deductible Limit 40 or less $ 450 More than 40 but not more than 50 $ 850 More than 50 but not more than 60 $1,690 More than 60 but not more than 70 $4,520 More than … Continue reading "2021 Tax Deductions for Long-Term Care Premiums Released"
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Study says cheese and red wine could boost brain health
Korin Miller Wed, December 16, 2020, 3:28 PM CST·5 min read The foods you now eat can have an impact on your cognition down the road. And, according to the results of a new study, eating cheese and drinking red wine may actually give your brain a boost. The study, which was published in the Journal … Continue reading "Study says cheese and red wine could boost brain health"
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Cost of CareTrends & Insights
We started tracking the cost of care 17 years ago and have been trusted source since. Since 2004, families across America have counted on us to help them understand the cost of care. Our research in 435 cities and towns across all 50 states has not only helped individuals plan for their own care but … Continue reading "Cost of CareTrends & Insights"
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Does Hard Work Help Preserve the Brain?
MONDAY, NOV 2, 2020 (HealthDay News) — Physical activity is known to help prevent dementia and disease, but it’s possible that the kind you do makes a difference. A new study found that hard physical work not only doesn’t lower the risk of dementia, it increases the risk of developing the disease. Researchers found that people who … Continue reading "Does Hard Work Help Preserve the Brain?"
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Why Is It Important to Get Life Insurance?
Expert advise from local Insurance Expert Tim Casey. Tim Casey has been in the Life and Health insurance industry since 1981 and is currently Vice-President of Career Division, doing business as GoldenCare USA, one of Minnesota’s leading insurance brokerages. Why is it important to get Life Insurance? Tim: “Almost everything in life has a … Continue reading "Why Is It Important to Get Life Insurance?"
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