14 results, Page 1 of 2

Tipping & Year-End Giving


their exceptional service. Some places of employment have rules about tipping. For instance, Kendal at Oberlin staff are not allowed to accept tips. But twice a year, residents are asked to donate to a fund that is divided among the staff. Thank-you notes and cards, however, are acceptable and always

Fitch Assigns A+ Rating to Kendal at Oberlin


Kendal at Oberlin, an Ohio life plan community, is pleased to announce that Fitch Ratings has assigned an A+ rating for the organization. The financial ratings company cited steady performance throughout the pandemic, strong IL occupancy, and solid operating metrics. They also noted

Kendal at Oberlin’s S&P Rating Remains ‘A’


Kendal at Oberlin continues to have an ‘A’ rating from Standard and Poor’s S&P Global Ratings. Only about 10% of rated not-for-profit continuing care retirement communities have achieved this. From S & P Global’s June 2020 Report: “The rating reflects Kendal’s extensive diversity with the ability

Fitch Re-affirms Kendal at Oberlin's 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

Lifecare Explained: Your All-Inclusive Option for Senior Living


. 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


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


’ 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


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


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