Comments for Quality Life Solutions http://longtermcareplanners.com Thu, 16 Feb 2012 04:24:35 +0000 hourly 1 http://wordpress.com/ Comment on Do you need a tax break in New York? by qualitylifesolutions http://longtermcareplanners.com/2012/01/16/do-you-need-a-tax-break-in-new-york/#comment-28 Thu, 16 Feb 2012 04:24:35 +0000 http://longtermcareplanners.com/?p=120#comment-28 Seth,
Thanks for the response. Long term care is expensive. Long term care insurance is a small fraction of the cost of care and will help to insure that you remain independent and that you will not burden your family if you need care.
In NY State anyone who has a tax qualified long term care policy and pays NY State tax is entitled to a 20% tax credit (not a deduction).
There is a Federal tax deduction, the amount of which is determined by your age, but you have to itemize on schedule A and you have to have over the required amount for health care deduction (over 7.5% of your net income).

]]> Comment on Do you need a tax break in New York? by Long Term Care Plans http://longtermcareplanners.com/2012/01/16/do-you-need-a-tax-break-in-new-york/#comment-27 Wed, 15 Feb 2012 07:10:24 +0000 http://longtermcareplanners.com/?p=120#comment-27 Long term care insurance in New York is very expensive. Good thing is, policyholders can get a tax break from it. The younger you are, the less you can deduct.

]]> Comment on Long Term Care Planning Events by Long Term Care Quotes http://longtermcareplanners.com/long-term-care-planning-events/#comment-26 Wed, 08 Feb 2012 15:33:46 +0000 http://longtermcareplanners.com/?page_id=71#comment-26 Oh too bad I missed this seminar. Will there be another one in the near future?

]]> Comment on Long Term Care Planning Events by Christina http://longtermcareplanners.com/long-term-care-planning-events/#comment-7 Wed, 23 Nov 2011 07:11:34 +0000 http://longtermcareplanners.com/?page_id=71#comment-7 This is the preefct way to break down this information.

]]> Comment on Long Term Care Planning Events by Stephanie Ethe http://longtermcareplanners.com/long-term-care-planning-events/#comment-5 Sat, 12 Nov 2011 18:51:07 +0000 http://longtermcareplanners.com/?page_id=71#comment-5 We hope to see you there. Bring a friend.

]]> Comment on Long Term Care Planning Events by Ellie Vasquez http://longtermcareplanners.com/long-term-care-planning-events/#comment-4 Sat, 12 Nov 2011 08:15:01 +0000 http://longtermcareplanners.com/?page_id=71#comment-4 Hello! Someone in my Facebook group shared this website with us so I came to check it out. I’m definitely enjoying the information. I’m bookmarking and will be tweeting this to my followers! Exceptional blog and terrific design.

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