’ 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 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

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

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

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

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

One of the many staff benefits offered for those working at Kendal at Oberlin are the free staff wellness opportunities offered to employees. Employees can use the swimming pool and exercise equipment in their free time, plus attend  classes designed just for them. In the past couple of years

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

  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 at Oberlin: Kendal is a nonprofit life plan community serving older adults