The Deficit Reduction Act of 2005 introduced new guidelines for long term care insurance, including the creation of Partnership Policies. These policies allowed individuals to protect more of their assets while qualifying for Medicaid benefits, promoting the use of LTCI as a strategy for asset preservation. The legislation helped drive the growth of partnership policies, further solidifying the role of LTCI in retirement planning.
Deficit Reduction Act and Introduction of Partnership Policies
Gordon Associates was one of the first companies to provide long-term care planning and continues to be a leader in helping people plan for happy retirements.
To help determine if long-term care (LTC) insurance is right for you, we are offering a FREE informational guide. This is a comprehensive booklet that will answer many of your questions about tax breaks and incentives for LTCI for federal and state taxes.
Of course, we are always available to answer your questions.
Enter your email address and immediately receive our Long-Term Care Insurance Consumer Guide
Gordon Associates was one of the first companies to provide long-term care planning and continues to be a leader in helping people plan for happy retirements.
To help determine if long-term care (LTC) insurance is right for you, we are offering a FREE informational guide. This is a comprehensive booklet that will answer many of your questions about LTC and assist you with your health care planning.
Of course, we are always available to answer your questions.
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