Each month, the Law Offices of Linnea J. Levine PC will provide the latest Elder Law News for your consumption. Our hope is to keep you informed on any and all relevant information at our disposal. This month’s topic: Long Term Care Premiums
The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2017 taxes as a result of buying long-term care insurance.
While you are eligible to apply for Medicare when you are 65, there are circumstances where you might not want to, particularly if you are working full time for a larger employer or contributing to a health savings account.
After holding steady at $104.90 a month for four years, the standard Medicare Part B premium that most recipients pay will rise 4 percent to $109 a month.