Today’s Answer to the Long Term Care Crisis
Of couples (65+) experiencing a long term care event.
80% of people needing care receive it from friends and family.
Get up to ten times your premium deposit in LTC benefits.
Caregiving spouses are six times more likely to suffer depression.
How to use your IRA to fund ROP LTC
The most prudent way to insulate these precious funds is to implement what we call The IRA Leveraged LTC Strategy (IRA LLTC Strategy). Simply stated, with the IRA LLTC Strategy you transfer a portion of your “Qualified” funds, like your IRA into a special income annuity known as a 10-year Certain Immediate Annuity. Then annually for 10 years, you transfer the Annuity income into the Return of Premium LTC plan. Fully funding guaranteed Long Term Care protection that will leverage your transferred IRA up to 10 times!
With ROP LTC Plan, I now have options
I want to share with you a conversation I had the other day with a client when telling her the good news that she was approved for coverage for her Return of Premium Long Term Care Plan (ROP LTC).
An Answer To Today’s Long-Term Care Crisis
My favorite long-term care protection plan is improved and attractive to more people than before. You have more options than ever to help pay for future long-term care, and these newer options are significantly more appealing and rewarding than traditional long-term care insurance.
I’ve covered in the past the many troubles in traditional long-term care insurance (LTCI). Most insurers exited the market. Many of the remaining insurers continue to raise premiums on existing policyholders.