Long Term Care is a much misunderstood subject yet it has a tremendously detrimental effect on working caregivers, their employers and retirement. An aging population is causing a dramatic increase in the need for long term care. The financial and emotional impact of failing to plan is horrendous. The detrimental effect includes loss of wages and benefits for the working caregiver and loss of productivity, time and money for the employer. The cost of long term care is prohibitive both when working and retired.
We explore these issues in depth and offer workplace and tax advantaged solutions for both employee and employer.
Learning objectives:
- The detrimental effect long term care has on working care-givers, employers and retirement
- Workplace solutions