Critter Corner: Can I Use a Health Savings Account to Pay for Long-Term-Care Insurance or a Hybrid Life Insurance Policy?

Dear Angel, I have a Health Savings Account through my work. Can I withdraw money tax-free from my health savings account to pay my long-term-care insurance premiums? If I can, is there a limit to the amount I can use? Does it … [Read more...]

70% of Americans turning 65 will need Long-Term Care

Correction: The title of our newsletter is incorrect. It should be "One in seven adults will have a disability for more than five years." We  apologize for this error!   Photo from homeaidescny.org A … [Read more...]

Will the Government Pay for My Long Term Care?

A study by the U.S. Department of Health and Human Services says: "people who reach age 65 will likely have a 40 percent chance of entering a nursing home.  About 10 percent of the people who enter a nursing home will stay there … [Read more...]