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 Form 8853 Archer MSAs and Long Term Care Insurance Contracts 2021

8853 2021-2025 Form

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Video instructions and help with filling out and completing Form 8853 Archer MSAs And Long Term Care Insurance Contracts

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Instructions and help about irs 8853

it's brian preston the money guy here's uh here's a question this is from two sides of fi uh is long-term care insurance worth considering at what age should early retirees begin thinking about it i feel like that's one that we get a lot how should i think about long-term care insurance what is long-term care insurance when does long-term care insurance make sense or does it even make sense well this is a hard one because that marketplace has changed so much i mean guys realize these products came out and they were too good to be true and we are seeing the after effects of that is that these plans were a few thousand dollars a year and some were just for a few years somewhere for the rest of your life and they just had automatic cost of living adjustments for inflation but everybody always disregards a key element of most insurance contracts there's usually an asterisk somewhere on there that says hey um yeah this is the what we're settin

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