Age 51 to 60: Those aged 51 to 60 can currently deduct up to $1,690 in long-term care insurance premiums as qualified medical expenses. Age 61 to 70: Individuals between the ages of 61 and 70 are ...

Consumers that have put off buying long-term care insurance because of unaffordable premiums may want to think again. One-quarter of long-term care insurance purchasers under the age of 61 pay ...

Strategies include adding riders to life insurance for younger individuals and considering hybrid or traditional long-term ...

In 2022, people ages 51 to 60 can deduct up to $1,690 of long-term care insurance premiums as a medical expense; the amount is $4,510 for those 61 to 70, and $5,640 for anyone older.

Why Are Long-Term Care Insurance Premiums Increasing? Many policyholders wonder if rising long-term care premiums are tied to their age or likelihood of using benefits. However, that’s not the case.

Long-term care insurance can be a vital part of your retirement plan, but it's important to understand how your age impacts the costs. Getty Images There's a lot to worry about as we age.

Imagine that you’re 68 years old and have a long-term care insurance policy in place that will help you pay for this all-important type of care later in life. You pay $600 per month in premiums ...

An earlier version of this article was originally published on Aug. 16, 2018. Among the investor groups that I speak to, there's one topic that seems to create more angst than any other.

Sharp increases in rate requests for long-term care insurance are raising the chances that the next wave of retirees may not be able to afford coverage for assisted living, nursing homes, and ...

Long-Term Care Insurance The costs of long-term care are already exorbitant and will only get worse. Follow this guidance to get in front of the issue. How to Appeal an Unexpected Medical Bill ...

Dear Liz: We were told to buy long-term care insurance early because waiting too long would make it more expensive and perhaps unavailable.I bought mine when I was 55. At the time, it was $2,400 a ...