WHY SHOULD I PLAN AHEAD FOR LONG-TERM CARE?
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PERCENTAGE OF PEOPLE AGE 65 AND
OLDER WILL
NEED SOME FORM OF LONG-TERM CARE IN THEIR LIFETIME,1
so planning ahead is an effective and cost-efficient way to address possible long-term care needs.
FACTORS THAT CAN AFFECT COST
age age
Age

Generally, the younger you are, the less expensive your options

health health
Health

If you are generally in good health, you can more easily qualify for coverage

martial status martial status martial status
Marital Status

Joint benefits are available for married couples

BENEFITS OF PLANNING AHEAD
 
1
CONTROL

Freedom to choose the quality and type of care when you need it

2
INDEPENDENCE

When the time comes, you won’t have to depend on friends and family to provide care

3
ASSET PROTECTION

Less risk of depleting your personal assets and savings

How much does long-term care cost?

FIND OUT

Should I use savings and other insurance to pay for long-term care?

FIND OUT


 

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1IRI Retirement Fact Book 2018

This is a solicitation of an annuity contract with a long-term care insurance benefit by Forethought Life Insurance Company and an agent/insurance producer may contact you.

Annuities are issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana.

This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. This information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your tax or legal counsel for advice.

Taxable distributions (including certain deemed distributions) are subject to ordinary income taxes, and if made prior to age 59½, may also be subject to a 10% federal income tax penalty. Distributions received from a non-qualified contract before the Annuity Commencement Date are taxable to the extent of the income on the contract. Payments from IRAs are taxable in accordance with the normal rules surrounding taxation of payments from an IRA. Early surrender charges may also apply. Withdrawals will reduce the death benefit and any optional guaranteed amounts in an amount more than the actual withdrawal.

Global Atlantic Financial Group (Global Atlantic) is the marketing name for Global Atlantic Financial Group Limited and its subsidiaries, including Forethought Life Insurance Company and Accordia Life and Annuity Company. Each subsidiary is responsible for its own financial and contractual obligations.

Not a bank deposit. Not FDIC/NCUA Insured. Not insured by any federal government agency. No bank guarantee. May lose value. Not a condition of any banking activity.

HA5145

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