In 2022, Washington State rolled out the first program of its kind— a mandatory long-term care insurance tax on workers' paychecks. California, New York, Minnesota, Pennsylvania and several other ...
A year from now, Washington will launch the nation’s first full-scale effort to help the state’s workforce afford long-term care and services as they age. Etched into law in 2019, the public long-term ...
The following information was released by the America's Health Insurance Plans:. WASHINGTON Long-term care insurance empowers nearly 7 million Americans with the flexibility to choose when, where, and ...
FAQ: Tax Benefits of Long-Term Care Insurance. By Russ Banham. There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life ...
It is vital to plan the future, and the knowledge of WA Cares long-term care benefits will help the citizens of Washington considerably. This guide describes how Washington cares fund long-term care ...
November 17, 2025 Voters decided this month to allow payroll taxes collected for Washington’s new long-term care program to be invested in the stock market. But they will have to wait a while for the ...
Will you need long-term care in retirement? Most of us haven’t asked the question or planned for the possibility. Washington has long been in a state of denial on the topic, too. Policymakers have ...
Opinion
The Monterey County Herald on MSNOpinion

Barry Dolowich, Tax Tips: Tax advantages for long-term care insurance

Long-term care insurance provides certainty that home health care and nursing home services will be available when and if they are needed. As a bonus, the IRS allows some nice tax breaks for ...
Few things can disrupt a retirement like the need for long-term care. Long-term care comes into play when you need help with daily living activities such as bathing, eating or dressing. The cost of ...