Lifecare Explained: Your All-Inclusive Option for Senior Living
https://blog.kao.kendal.org/what-is-lifecare
. Consider Kendal at Oberlin Kendal at Oberlin offers a range of contractual agreements, including Lifecare, what we call the Platinum Plan. Kendal’s Gold Plan is designed to complement an established long term care insurance policy. Both plans include a flexible meal plan, most utilities, basic cable
Planning to Pay for Long-Term Care
https://blog.kao.kendal.org/planning-to-pay-for-long-term-care
of one’s life, regardless of healthcare needs in the future. On the other hand, a resident with a lifecare contract is paying more on the front end for care services that may not be needed in the future.” Kendal at Oberlin offers a range of contractual agreements, including its Platinum Plan
Tax Scams and CCRC Deduction
https://blog.kao.kendal.org/tax-scams-and-ccrc-deduction
’ then the refundable portion could later be taxable as income.” A portion of fees for Kendal at Oberlin residents are considered pre-paid healthcare expense. The deductible amounts vary from year to year and are determined annually by the community, based on the relative costs of providing care services. To get
Medicare Annual Enrollment is Now
https://blog.kao.kendal.org/medicare-annual-enrollment-is-now
Medicare Supplemental (Medigap), Medicare Advantage Plan or Part D drug coverage, this is the time to review your current plan and make sure it still provides the best coverage and the best value. Kendal at Oberlin, a life plan community, is fortunate to have an insurance coordinator on staff to help
It’s Tax Time - Tax Tips for Seniors
https://blog.kao.kendal.org/its-tax-time
available but why bother. “If you file a paper return the processing time could be up to a year, possibly more,” says Oberlin CPA Vance DeBouter. Vance is a member of Kendal at Oberlin’s Finance Committee and a former Board member. “The use of paper forms instead of a software package also requires
Filing for 2020 Federal IncomeTax: What is New?
https://blog.kao.kendal.org/filing-for-2020-federal-incometax-what-is-new
and the portion of the monthly fee attributable to medical care paid by continuing care retirement community residents is deductible as medical expenses. “Most Kendal at Oberlin residents receive a significant tax deduction for the medical component of the monthly fee. New residents receive an even
{Webinar} Retirement Living Plans in an Uncertain Environment
https://blog.kao.kendal.org/retirement-living-plans-in-an-uncertain-environment
be able to leave money to family and/or charities? “Then ask yourself, ‘How does the current situation affect my plan?’” Brad says. Here are 3 tips from Brad to help you answer that question, which he outlined in an hour-long webinar prepared for Kendal at Oberlin and five other Kendal affiliates
The ABCs of RMDs
https://blog.kao.kendal.org/the-abcs-of-rmds
to help you evaluate a life plan community! Download My Copy In the past, Molly Kavanaugh frequently wrote about Kendal at Oberlin for the Cleveland Plain Dealer, where she was a reporter for 16 years. Now we are happy to have her writing for the Kendal at Oberlin Community. About Kendal
October: Breast Cancer Awareness Month
https://blog.kao.kendal.org/october-breast-cancer-awareness-month
for Staying Healthy After 60 In our free guide, we share many actions you can take to live a long, healthy and happy life in body, mind and spirit! Download My Copy In the past, Molly Kavanaugh frequently wrote about Kendal at Oberlin for the Cleveland Plain Dealer, where she was a reporter for 16