Fitch Re-affirms Kendal at Oberlin's A+ Rating
https://kao.kendal.org/news/fitch-re-affirms-kendal-at-oberlins-a-rating/
Kendal at Oberlin, a vibrant Ohio life plan community (also known as a continuing care retirement community, or CCRC), is pleased to announce that Fitch Ratings has affirmed the organization’s Issuer Default Rating (IDR) at ‘A+’ and the rating outlook is stable. According to the report from Fitch
CARF accreditation: Kudos to Kendal
https://blog.kao.kendal.org/carf-accreditation-kudos-to-kendal
Published: January 12, 2023 It's the highest “Seal of Approval” for life plan communities and not only did Kendal at Oberlin once again renew its five-year CARF accreditation, but the community received a sterling report achieved by few. In addition to three pages outlining Kendal’s strengths
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
Your Generosity May Reduce Your Taxes
https://blog.kao.kendal.org/your-generosity-may-reduce-your-taxes
income. Keep Donation and Medical Expense Receipts in One Place During a recent Kendal Zoom meeting on taxes with Oberlin CPA Vance DeBouter, a member of Kendal at Oberlin’s finance committee, residents were encouraged to pull out a shoebox to keep tax receipts all in one place. For older adults
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