Monthly Archives: January 2016

LTC Insurance 2015 Tax Year deductible limits

The 2015 Tax Year deductible limits under Section 213(d)(10) for eligible long-term care premiums includable in the term ‘medical care’ are as follows: Attained Age Before Close of Taxable Year:      40 or less — $390    More than 40 but not … Continue reading

Posted in Long term care insurance, long term care insurance premiums, taxes | Tagged

NY, CA, IN, CT Partnership Minimum 2016

New York Partnership Plus To qualify for Partnership in New York, policies must meet the following minimum requirements: 2015 ● $284 daily ● $8,804 monthly 2016 ● $294 daily ● $9,114 monthly *Monthly benefit amounts shown refer to the Monthly Home Care Maximum Rider … Continue reading

Posted in Alzheimer's, caregiver, Long term care insurance