Good News!
New 2021 Tax Deductible Limits for LTCi Just Announced
Increased tax deductible limits can be a significant benefit for those with tax-qualified
long-term care insurance policies, according to the American Association for Long-Term Care Insurance.
The following are the just-announced 2021 limits (2020 in brackets):
| Attained Age Before Close of Taxable Year | 2021 Limit (2020) |
| 40 or less | $450 ($430) |
| More than 40 but not more than 50 | $850 ($810) |
| More than 50 but not more than 60 | $1,690 ($1,630) |
| More than 60 but not more than 70 | $4,520 ($4,350) |
| More than 70 | $5,640 ($5,430) |
Click here for the entire announcement (AALTCI)
Click Here to add additional carriers & products to your appointments.
Questions? Call our Marketing Team at 800-842-7799!
Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers!
Check out GoldenCare News
#goldencareagent
