NAIFA's Limited & Extended Care Planning Center (9)

6 min read

How to Protect Your LTC Plan From Future Inflation

By Tom Riekse Jr. on 7/21/21 11:02 AM

Significant inflation - something that the majority of Americans have not seen in their lifetime - has been a primary news topic. From concerns about exploding national debt and high government spending levels to an expanding post-pandemic economy, many people are concerned about sustained inflation and decreased purchasing power. Or, as many economists are assuring us, this could be a short-term event as the economy bounces back from the pandemic. Nobody knows!

1 min read

A CLTC Teachable Moment... Who Provides Extended Care Where?

By CLTC on 7/7/21 7:00 AM

Most clients say they want to receive care in their homes. But they also say they don’t want to be a burden on family or friends.

Both goals are understandable and maybe in conflict when care is needed. As with so many things in life, it can be wise to be careful of what we wish for.

1 min read

OneAmerica’s Tim Vannoy Presents on Hybrid Annuities and Long-Term Care Provisions

By NAIFA on 6/30/21 5:30 PM

The June LECP webinar featured OneAmerica Sales Director, Tim Vannoy, who presented the “Hybrid Annuities and the Long-Term Care Provisions.” Using case studies, Vannoy addressed the following issues:

Who would benefit from the Pension Protection Act?
How large is the market for the Pension Protection Act?
How can a client get tax-deferred gains out tax-free?

1 min read

A CLTC Teachable Moment… The Power of Starting a Conversation

By CLTC on 6/8/21 2:31 PM

Three Compelling Reasons Why Planning for Care is in Your Client's Best Interest:

Impact on loved ones
Lifestyle
Financial Security

Having a plan for long-term care can help ensure that clients: don’t overburden loved ones; maintain their lifestyle, for themselves and their partner; and maintain future financial security.

1 min read

NAIFA’s Maeghan Gale Speaks to LTCI Partners on Recent Trends in LTC Legislation

By LECP Center on 6/4/21 5:33 PM

NAIFA’s Policy Director Maeghan Gale joined LTCI Partners Managing Director, Tom Riekse, and Director Steve Cain for a panel discussion about recent Long Term Care Insurance legislation. For many years, Long-Term Care Insurance took a backseat as it relates to legislative action on the state and federal level. However, 2021 has brought a wave of activity as lawmakers consider the best way to support their growing aging populations.

3 min read

The Private LTC Insurance Option for Washington State Workers

By LTCI Partners on 5/20/21 11:52 AM

Have you heard of the Washington Cares Fund? If you haven't, it's the first state run and funded Long-Term Services & Supports program. Originally signed in 2019 by Governor Jay Inslee, as of January 1st, 2025, Washington State Residents who need long-term care may be able to claim benefits (based on needing help with 3 of 10 ADLs) from the state and receive a benefit of up to $100 per day up to a maximum benefit of $36,500. Undoubtedly for many families these benefits are going to welcomed and helpful. But, of course, someone has to pay for the program.

Complimentary CE at this Exclusive Webinar Presented by Mutual of Omaha Mortgage

By Beth Helberg on 5/5/21 4:26 PM

NAIFA partner Mutual of Omaha Mortgage is offering a webinar on Tuesday, May 18^th at 1:00 p.m. central, with industry expert Wade Pfau, Ph.D., CFA, RICP as he discusses how different types of annuities work.

6 min read

Why Single Pay LTC Insurance Might be the Right Strategy Now

By Tom Riekse Jr. on 4/29/21 10:30 AM

The recent stock market run (especially in tech stocks) has been amazing. Despite the high unemployment rate, many investors are enjoying that feeling of increased net worth in both their qualified and non-qualified money.

6 min read

How low interest rates are changing LTC Insurance products

By Tom Riekse Jr. on 4/22/21 1:00 PM

The last several years have seen major changes in LTC Insurance - leading to what can be referred to as LTC 2.0. LTC 2.0 means that while the pure protection of traditional LTC insurance is still a popular option, there has been an accompanying growth in Hybrid LTC + Life plans - both in number of policies sold and number of carriers offering these plans.

1 min read

CLTC Offers "A Teachable Moment"

By CLTC on 4/15/21 5:07 PM

The Certification for Long-Term Care has produced a fact sheet, "A Teachable Moment: The Power of Starting a Conversation," to help advisors start conversations with clients about the importance of extended care planning. It offers facts and statistics that emphasize the importance of planning.