Are Long Term Care Acts the future?
Washington state is the first to pass a law requiring employees and employers to pay a tax to pre-fund long term care expenses up to a total of $36,000 lifetime. There is also a new bill pending with the federal government along the same lines of a Long Term Care Act. The link below provides some of the details of the new Washington state law.: https://www.coldstream.com/blog/2021/04/26/new-washington-state-long-term-care-act/
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