Couples save big with secret long-term care strategy
Exploring Tax Advantages and Discounts
Couples can also benefit from tax advantages when investing in long-term care insurance. Premiums paid for LTC policies may be tax-deductible, depending on one's age and tax situation. Moreover, some states offer additional tax incentives, making it worthwhile to explore local options. Furthermore, many insurers offer partnership discounts for couples, providing additional savings opportunities. It's advisable to visit websites of insurance providers to compare these options and find the most beneficial plan4.