pensions

Should State Long-Term Care Insurance Funds Invest In Stocks?

California’s evolving effort to build a public long-term care insurance program includes an important, and potentially far-reaching, feature: The insurance fund would be allowed to invest some assets in stocks. This would be a dramatic change for both social insurance and long-term care insurance. For example, Social Security is allowed to invest only in Treasury bonds. Regulators require private long-term [...]

By Howard Gleckman|2023-06-22T13:46:52-04:00June 22nd, 2023|long-term care insurance|0 Comments

Should States Use Tax Breaks to Woo Seniors?

We’ve all seen the articles in Forbes, Kiplingers, or U.S. News trumpeting the best states to live in retirement. A key measure for them all: Low taxes. What you may not know is that states actively compete with one another to provide tax breaks to older residents—especially to wealthy seniors. This competiton is similar to the way states use tax [...]

By Howard Gleckman|2012-02-09T22:43:17-05:00February 9th, 2012|Aging, Medicaid, Medicare|1 Comment