Rep. Eric Burlison, R-Mo., has proposed that strategy in H.R. 8820, the Improving Access to Long-Term Care Insurance Act bill.

https://www.thinkadvisor.com/2024/08/12/house-bill-could-create-an-unlimited-ltci-premium-deduction

It shouldn't be the 'only' incentive to own a LTC benefit but if it encourages people to own a caregiving plan, it may take several cycles to approve a law where premiums for long-term care benefits are tax-deductible.

Meet Raymond Lavine (LTC Benefits): View the Videos

Why LTC Benefits:

https://tinyurl.com/323x9faz

Consider this: just as people are enthusiastic about putting information on a landing page, they should also be enthusiastic about planning for their future caregiving needs. It's a crucial part of life's journey that deserves our attention and preparation.

Preparing for caregiving in advance, before the need arises, may not seem like the most exciting task. However, it is a crucial step that can significantly impact your future and the well-being of your loved ones.

Raymond Lavine Joins Forces with SuccessBooks® to Co-Author "Empathy and Understanding in Business" with Chris Voss

Author Link: https://www.amazon.com/author/www.lavineltcins.com

Please telephone Raymond at (253) 275-6091 or use the Calendar: meetings.hubspot.com/Raymond-lavine to schedule a day and time to talk.

Cordially,
Raymond
www.lavineltcins.com