Updated LTC Tax Deduction Numbers for 2023

The IRS has released their new income tax deductions for tax qualified LTCi recently and we have updated some materials.  I have attached both the latest one pager, and the full Advanced Strategies whitepaper booklet for some extra reading over the holidays.  Included are the various options to promote to the advisors and insurance professionals to help their clients in tax planning for next year, and more importantly, to start the conversation with their clients about the importance of planning for this risk.

As a reminder, with OneAmerica, the COB portion of the premium is what can be deducted depending on how the client files/what type of tax payer they are.  You can find this on page 3 of our quoting output, under the Premiums heading.