Long Term Care Blog

Blog Archive for November 2016

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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