Compass

2018 COLA Adjustments for LTC Insurance Premiums (12/27/17)

The Internal Revenue Service recently released Rev. Proc. 2017-58 setting out the 2018 cost of living adjustments (COLAs) for certain items under the Internal Revenue Code (IRC), including “for eligible long-term care premiums.” The recently passed tax reform legislation will likely have an effect on the inflation-adjustment of many federal tax figures for 2018.

 

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