A Needed Boost

Panko, Ron
January 2010
Best's Review;Jan2010, Vol. 110 Issue 9, p55
Trade Publication
The article focuses on the tax advantages of long-term care annuities in the U.S. It states that as of January 1, 2010, benefits from annuities that pay for long-term care expenses are tax-free. It states that such a scheme can boost the development and sales of the hybrid products and of annuities and long-term care insurance. Jesse Slome of the American Association for Long Term Care Insurance says that the annuity products offer the ability to overcome traditional long-term care insurance.


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