Considering your options regarding a cash flow solution? The annual inflation rate in the U.S. accelerated to 7.5% in January of 2022. This is the highest rate since February of 1982. Inflation hits those on a fixed income, often seniors, the hardest. On top of escalating living expenses due to inflation, some retirees are faced …
Elder Care & Planning
New Mandated Payroll Tax to Pay for Long Term Care Benefits in Washington State
Long term care benefits are soon to be funded, in part, by a payroll tax in Washington state. The Long-Term Services and Supports Trust Program (LTSS Program), now called the WA Cares Fund, is designed to help pay for long-term care of Washington residents. To summarize: Starting January 1, 2022, a 0.58% premium assessment will …
New Mandated Payroll Tax to Pay for Long Term Care Benefits in Washington StateRead More
