February 2024
Our Richfield brick-and-mortar office is closing on 2/16/24. Most of our team had already been working remotely since before the pandemic. After almost 15 years in our current location, on 2/16/24 we will be closing our Richfield office permanently. New mailing address as of 2/16/24: Newman Long Term Care600 Portland Ave. S.Suite 100Minneapolis, MN 55415-4402 […]
October 2022
Long Term Care Insurance may be one of the most tax-advantaged planning solutions available. Not only are benefits paid 100% tax-free, but you may also be able to deduct the premiums. See below for the 2024 tax deductible amounts recently updated by the IRS. For self-employed individuals, including LLC, PA, S-corporations and partnerships, the 2% […]
February 2024
We will be closed on February 19th in observance of the holiday.
January 2023
Over 30 states offer an incentive for owning Long Term Care Insurance, whether by allowing a state deduction or a tax credit. For example, in Minnesota, if you or your spouse/partner paid premiums in 2023 for a qualified LTCI policy, you may be able to receive up to $100 tax credit each if you file […]
May 2022
Please join us in welcoming Doug Grove to the leadership of Newman Long Term Care. Beginning May 31, Doug will become President of Newman Long Term Care, succeeding Tim Dona who is pursuing a career opportunity with a leading independent broker-dealer. We thank Tim for his leadership the past four years as he took the […]