What does Tax-Qualified mean?

Preparing For Tomorrow podcast
13/09/2023 11 min Temporada 2 Episodio 43
What does Tax-Qualified mean?

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Episode Synopsis

Kevin in Colorado asked what a tax-qualified LTC plan is and wants to know how a tax qualified LTC plan can benefit his family. Diane shares when tax-qualified plans were put into effect and how they benefit consumers and business owners when both paying premiums and receiving benefits. Thank you in advance for sharing this with those you care about most. In 2023, 100% of LTC premiums are tax deductble for a C corporation. S corporations, self employed, and partnerships can deduct amounts based on age Age
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