eBook: Tax Breaks & Incentives for Long Term Care Insurance – 2019 Guide

Tax_Breaks_Long_Term_Care_Insurance

This guide is intended to help you understand what incentives are available both in the federal tax code and in most states. The Federal government has offered tax breaks since 1997 for purchase of qualified long term care insurance policies. Most states offer incentives for those who purchase long term care insurance.

The Two primary incentives are:

  • State credits or deductions
  • Asset-retention incentives via Partnership insurance policies

Read the full document here.