Updated Workplace Guide from LTC Financial Partners (LTCFP) Highlights Tax and Employee Benefits of Long-Term Care Insurance

KIRKLAND, Wash., April 18, 2013 /PRNewswire/ -- An updated workplace guide, announced today, describes the tax, productivity, and other benefits of adding the "missing link" to employee benefit packages: long-term care insurance. Titled "Long Term Care Outreach and Education Program," the 12-page guide is published by LTC Financial Partners, LLC (LTCFP), one of America's most experienced long-term care insurance agencies.

"For many organizations, the tax advantages alone can make a difference of hundreds to hundreds of thousands of dollars a year, depending on their size," says Denise Gott, LTCFP's National Sales Manager. "Our updated guide explains why."

Businesses have the choice of providing the tax-favored insurance just for the owners and their spouses and dependents; or to key individuals (in an "executive carve out"); or to all employees.

The guide details the advantages and requirements of each option. The organization may choose to pay all, some, or none of the premiums. When employees pay, they generally enjoy a group rate and simplified underwriting. The tax benefits apply, in varying ways, to sole proprietorships, partnerships, C-corporations, S-corporations, limited liability companies, charities and other non-profits including associations.

Beyond tax savings, the guide describes bottom-line business benefits ranging from employee satisfaction and retention to increased "presenteeism" and productivity. "Having LTC insurance puts employees at ease, knowing there's a way to pay for care without jeopardizing their 401k's," says Gott. "They can focus on work instead of worrying about an incapacitated family member."

LTC insurance, traditionally purchased by individuals on their own, is fast becoming a workplace product. The average age of applicants has been trending downward, from the mid 60's to the mid 50's. "Younger people, still vital in the workforce, are seeing the value," says Gott. "So are their employers."

The guide is available free from following LTC specialists:

CA: Phyllis Solgere -- 909-627-5587
CA: Laura Weber -- 714-674-0190
CA: Sarah Fisher -- 510-230-4301
CA: Jim Valentine -- 408-792-0540
CA: Petra Petry -- 949-351-0347
CA: Art Neibrief -- 707-974-8282

CT: Larry Golfin -- 860-677-4075
CT: Steve Foss -- 860-539-0674
CT: Leonard Wik -- 860-432-1870

FL: George Braddock -- 305-378-8091
FL: Janet Washburn -- 239-404-7590

GA: Belen Hickman -- 404-245-2444
GA: Amy Pollock -- 404-237-1189

ID: Linda Hicks -- 208-331-2803

IL: Cheri Davis -- 773-531-0669
IL: Robin Frank -- 773-774-2600

IN: Kirk Bennett -- 260-969-1310

MI: Tom Varner -- 810-796-2405
MI: Marybeth Bayer -- 734-222-9882

MN: Jennifer Ragborg -- 952-898-2750

MO: Wendy Rinehart -- 816-886-2358
MO: Keith Eisberg -- 573-303-3007

NE: Larry Heinert -- 402-339-8643
NE: Larry Neuwirth -- 308-635-2023

NJ: Michael B. FitzPatrick -- 862-242-8787
NJ: Richard Landau -- 201-476-0880
NJ: James Cundari -- 973-450-1074

NY: Steve Brefere -- 914-234-7767
NY: Virginia Lee Kintz -- 866-582-6074
NY: Sheila White -- 631-893-4040
NY: Jennifer Lenihan -- 631-262-7167
NY: Susan Lenihan -- 631-262-7167
NY: Jay Charno -- 516-935-4029
NY: Gene Cutler -- 516-869-6767
NY: Michael Robinson -- 516-612-4936
NY: Ronald Brie -- 212-799-3900
NY: Dana Dee -- 716-983-1316
NY: Ray Donnelly -- 516-747-1809

OH: Thomas Hodges -- 513-519-6010
OH: John Cullen -- 419-797-9210
OH: Pattianne Baran -- 216-409-0859
OH: Brenda Gray -- 513-541-3968

OK: Samuel Walker -- 405-816-0868

OR: Diane Steeves -- 503-297-7677

PA: Kevin Bressler -- 610-783-6970
PA: Anthony Camill -- 412-445-6171
PA: Cathy Allen -- 610-588-0852

SC: Pamela Loesch -- 843-856-4141
SC: Madeline Wade -- 317-259-4113

TN: Mark Wardell -- 901-337-4146
TN: Teresa Will -- 931-619-1852

TX: Bill Holland -- 817-283-7221
TX: Kay Nettles -- 713-466-4614
TX: Kat Roebuck -- 281-431-4033
TX: Kim Beckham -- 361-579-9663

VA: Linda Sotirion -- 757-646-6820
VA: George Polizos -- 757-291-8505
VA: Patricia O'Neill -- 703-534-3255
VA: Penny Gilbert -- 703-281-0914
VA: Michael Zuchowski -- 757-467-1354

VT: Tod Warner -- 802-985-4930

WA: Christine Khemis -- 888-582-5364
WA: Lucille Smith -- 206-877-3456

WI: Lynette Schiefer -- 920-434-4559

The guide and assistance is also available from additional specialists at http://www.ltcfp.com/ltcfp/businessowners.aspx.

LTCFP - www.ltcfp.com - is a co-founder and sponsor of the "3 in 4 Need More" campaign, which seeks to alert Americans to the long-term healthcare crisis, and to multiply the number protected by long-term care planning.

*PHOTO 72dpi: Send2Press.com/mediaboom/13-0313-denise-gott_72dpi.jpg

*Photo Caption: LTCFP National Sales Manager Denise Gott.

This release was issued on behalf of the above organization by Send2Press(R), a unit of Neotrope(R). http://www.Send2Press.com

SOURCE LTC Financial Partners, LLC