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Tax Advantages for Assisted Living Insurance

Tax Advantages for Assisted Living Insurance

Many members of the baby boomer generation feel uneasy about considering assisted living insurance programs because they might not like the idea of spending money on premiums for insurance that they might not need later on in life. One of the great things about getting assisted living insurance, also known as long-term care insurance, is that you’ll qualify for tax credits as well as tax deductions. Self-Employed Individuals If you’re self-employed, the tax advantages for assisted living insurance can increase dramatically….

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