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New law will allow you to manage Long Term Care expenses.

April 3rd, 2009 Neil Jesani Leave a comment Go to comments

New law will allow you to manage Long Term Care expenses.

A new tax law with some very favorable tax treatment for long term care benefits from annuities and life insurance has been passed. As of January 2010, any withdrawals or early distributions from life insurance or annuity products to pay tax-qualified long-term care expenses will be tax free – yes, tax free!

Categories: Fixed Annuity, Life Insurance, Long Term Care Insurance Tags: Fixed Annuity, Life Insurance, Long Term Care, Long Term Care Insurance
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