Long Term Care Blog

Using Annuities To Pay For Long Term Care

| Jack Lenenberg

Combination Long Term Care Insurance Annuity

With the continued march of the baby-boomer generation into retirement, the need for long term care planning will continue to rise. Consumers such as you will continue to search for attractive solutions to fund your future care needs.

The...

When You Should Buy Long Term Care Insurance

| Jack Lenenberg

Long Term Care Insurance PlanOne of the questions I often receive is "When is the best time to buy long term care insurance?"

While certain media pundits such as Dave Ramsey might tell you that the age 60 is the magic age to buy long term care insurance, the truth is that...

New York Life Asset Flex Review

| Jack Lenenberg

New York Life Long Term Care InsuranceNew York Life earlier this year introduced the New York Life Asset Flex universal life insurance policy with long term care benefits as a way for consumers to plan for their financial long term care needs later in life while protecting their...

Costs of Long Term Care Rise Again

| Jack Lenenberg

Long Term Care CostsExperts say over 70% of people age 65 or older will need long term care at some point in their lives, and for this subset of Americans the cost of long term care services has increased again.

According to the Genworth 2017 Cost of Care Survey...

Mass Mutual CareChoice One Fails to Deliver

| Jack Lenenberg

Mass Mutual CareChoice One Review and Rating

Mass Mutual CareChoice One is a single premium hybrid long term care insurance policy.  Hybrid long term care policies combine cash value life insurance with a long term care (LTC) extension of...

Using IRA & Qualified money to fund long term care insurance

| Jack Lenenberg

State Life One America Asset Care  State Life Asset Care III puts your retirement money to work

You may feel long term care planning is just a decision as to whether or not to buy long term care insurance.  Long term care planning, however, entails so much more....

Lincoln Moneyguard II pricing changes announced

| Jack Lenenberg

Genworth Long Term Care Insurance ReviewEffective April 17, 2017 Lincoln Moneyguard II will be introducing pricing changes for new sales of the Lincoln Moneyguard hybrid long term care insurance policy, pending state approval. In addition to pricing changes, Lincoln will be introducing...

John Hancock exits long term care insurance sales

| Jack Lenenberg

John HancockJohn Hancock Discontinues LTC Insurance Sales

One of the pioneers of long term care insurance announced today it is making the difficult decision to stop selling long term care insurance policies effective December 2, 2016.  John Hancock has...

IRS Increases 2017 LTC Insurance Tax Deduction Limits

| Jack Lenenberg

Long Term Care Insurance Tax DeductionThe IRS just released an announcement that the 2017 tax deduction limits for traditional tax-qualified long term care insurance premiums are increasing for tax year 2017.  The increase approximates 5% from the 2016 LTC tax deduction limits.

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