Ethisphere Names Thrivent One of the World’s Most Ethical Companies for 13 Consecutive Years

Ethisphere Names Thrivent One of the World’s Most Ethical Companies for 13 Consecutive Years The recognition highlights Thrivent’s commitment to business integrity through robust ethics, compliance, and governance programs March 4, 2024 MINNEAPOLIS – Thrivent, a Fortune 500 financial services organization, has received the 2024 World’s Most Ethical Companies honor from Ethisphere, a global leader in defining and advancing the standards of ethical business practices. Thrivent has now been recognized for 13 consecutive years and is one of only six honorees in the financial services industry this year. In 2024, 136 honorees were recognized spanning 20 countries and 44 industries.
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Categories: Industry News, Long-Term Care, and Thrivent.

Ethisphere names Thrivent as one of the 2023 World’s Most Ethical Companies for the 12th consecutive year

Ethisphere names Thrivent as one of the 2023 World’s Most Ethical Companies for the 12th consecutive year Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices March 13, 2023 MINNEAPOLIS – Thrivent, a Fortune 500 diversified financial services organization, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies. Thrivent has been recognized for 12 consecutive years and is one of only seven honorees in the financial services industry on the list. In 2023, 135 honorees were recognized spanning
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Categories: Industry News, Long-Term Care, and Thrivent.

Share the tax advantages of long-term care insurance

Tools to enable more proactive extended care conversations There are many reasons why clients should create a long-term care strategy. One message that has resonated well with consumers, is on the tax advantages of planning with long-term care insurance. Premiums might be deductible, claims are paid tax-free and some states offer tax incentives for LTCi policyholders. These tools are designed to help you share news on these tax advantages with your clients. LTCi Tax Deductibility Guide Updated with 2023 amounts Many clients are not aware that LTC benefits are paid 100% tax-free, but some or all of the premiums might
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Categories: Industry News, Long-Term Care, and Thrivent.

Download the 2023 LTCi Tax Advantages Flyers

There are a lot of advantages to owning a traditional long-term care policy. It helps people remain in their homes as long as possible, ensures parents won’t have to rely on their kids to take care of them, and provides protection for a retirement nest egg. But there’s another important advantage… the potential to save on federal and state income taxes. Let your clients know buying a traditional long-term care insurance policy from Mutual of Omaha offers tax advantages. Also, if you have clients that are small business owners, there may be significant tax savings if they use business dollars
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Download the 2022 LTCi Tax Advantages Flyers

There are a lot of advantages to owning a traditional long-term care policy. It helps people remain in their homes as long as possible, ensures parents won’t have to rely on their kids to take care of them, and provides protection for a retirement nest egg. But there’s another important advantage… the potential to save on federal and state income taxes. The LTCi tax advantages flyers are now updated with the 2022 eligible deduction amounts. Download the flyers now: Agent Tax Guide Tax Advantages for Individuals Tax Advantages for Business Owners   Download the 2022 LTCi Tax Advantages Flyers  
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

COVID tax questions

The Consolidated Appropriations Act (“CAA”) provided coronavirus relief as well as other tax related extensions that will affect your clients. Here are some highlights that relate to individuals. Stimulus checks are back. The amount is $600 per taxpayer and $1,200 for married persons filing jointly along with $600 for each qualifying child. Income limits vary upon marital status. Teachers and instructors who teach grades K-12 are allowed a $250/$500 (Single/MFJ) above the line deduction to allow for the purchase of personal protection equipment and disinfectant. The above the line deduction for $300 of charitable gifts is extended into 2021. There
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Updated LTCi 2021 Tax Advantages Flyers

There are a lot of advantages to owning a traditional long-term care policy. It helps people remain in their homes as long as possible, ensures parents won’t have to rely on their kids to take care of them, and provides protection for a retirement nest egg. But there’s another important advantage…the potential to save on federal and state income taxes. The LTCi tax advantages flyers are now updated with the 2021 eligible deduction amounts. Download the flyers now: Agent Tax Guide Tax Advantages for Individuals Tax Advantages for Business Owners   Updated LTCi 2021 Tax Advantages Flyers   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).