1 “Longevity Perceptions and Drivers: How Americans View Life Expectancy,” Society of Actuaries, 2020.
² “When to Start Receiving Retirement Benefits,” Social Security Administration, 2021.
³ “How Much Care Will You Need?” U.S. Department of Health and Human Services, 2020.
4 The Consolidated Appropriations Act (P. L. 116-260, December 27, 2020) provides for several optional HSA amendments. Speak to your plan administrator for more information.
Merrill, its affiliates, and financial advisors do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.
All annuity contract and rider guarantees, or annuity payout rates and all insurance policy guarantees, are the sole obligations of and backed by the claims-paying ability of the issuing insurance company. They are not obligations of or backed by Merrill or its affiliates, nor do Merrill or its affiliates make any representations or guarantees regarding the claims-paying ability of the issuing insurance company.
This material should be regarded as general information on health-care and Social Security considerations and is not intended to provide specific health-care or Social Security advice. If you have questions regarding your particular situation, please contact your legal or tax advisor.
Long-term-care insurance coverage contains benefits, exclusions, limitations, eligibility requirements and specific terms and conditions under which the insurance coverage may be continued in force or discontinued. Not all insurance policies and types of coverage may be available in your state.