Have you ever thought about just how unique a traditional LTCi policy is? Not only does it help people protect their families, their finances and their futures…it also can help them reduce their tax bill. Here’s how:

• Tax-Deductible Premiums — Current tax laws allow for the deduction of either the actual premium paid for a tax-qualified LTCi policy or the eligible premium amount determined annually by the federal government
• Tax-Free Benefits — Policy benefits from a tax-qualified LTCi policy are intended to be tax-free as long as they don’t exceed the greater of qualified LTC daily expenses, or the per-day limitation ($360 in 2018)

We’ve developed a handy Tax Guide to get your agents up to speed on the unique tax advantages of traditional LTCi.

Download the Tax Guide

 
If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.
 

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