[Health Insurance] 37, Tax-Qualified vs Non-Tax-Qualified LTC Policies

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - Tax-Qualified (TQ) LTC policies provide federal tax advantages, including generally tax-free benefits and premiums that are partially deductible based on age. - To be considered Tax-Qualified, a policy must follow strict HIPAA standards, typically requiring the inability to perform at least two of the six Activities of Daily Living (ADLs). - N...