SECURE 2.0 Creates a New Way To Pay for Long Term Care Insurance
INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business show and editor on this website, interviewed Brian Gordon of Gordon Associates, a leading firm when it comes to addressing long term care needs.
When you inherit a Traditional IRA, it becomes a Beneficiary IRA and you have 10 years to liquidate all of it…so says the SECURE Act. Every dollar you liquidate is taxed. However, SECURE 2.0 opened up a way to use that IRA without having to pay taxes, and one way to do so is to use those IRA dollars to pay for a Long Term Care Insurance policy. Brian Gordon explains some of the details in this episode.
Learn more at https://www.forbes.com/sites/nextavenue/2024/08/27/secure-20-created-a-new-way-to-pay-for-long-term-care-insurance/.
The Price of Business show notes “Brian Gordon, CLTC and President of Gordon Associates. Brian is a nationally recognized expert on long term care planning solutions. He has worked with financial advisors and clients nationwide for more than 25 years, providing strategically-designed long term care solutions.
“He has been quoted in Huffington Post, The New York Times, Barron’s, Kiplinger and other publications regarding long term care insurance issues and industry trends. In addition, he has trained hundreds of advisors and insurance professionals and conducts CFP Approved courses for CE credit.
“Brian has won numerous industry awards and is currently ranked within the top 5 asset-based producers and top 15 traditional LTCI producers by the American Association for Long Term Care Insurance.”
The Price of Business is one of the longest running shows of its kind in the country and is in markets coast to coast. The Host, Kevin Price, is a multi-award winning author, broadcast journalist, and syndicated columnist. He is Editor at Large for this site. Learn more about the show and its digital partners at www.PriceofBusiness.com.
