Linnea Levine

Linnea Levine

IRS Issues Long-Term Care Premiums Deductibility Limits for 2017

Image via Government Executive

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

IRS Issues Long-Term Care Premium Deductibility Limits for 2017

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.

When Can You Delay Taking Medicare?

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.

Part B Premium Will Rise Slightly for Most Medicare Beneficiaries in 2017

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.

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