Before signing a Massachusetts CCRC contract, review refund terms, apartment upgrades, and financial strength to protect your deposit and care.
Choosing the right type of care community for a loved one depends on their specific needs, health conditions, and preferences. Here is my overview of Continuing Care Retirement Communities (CCRCs), Assisted Living, and Nursing Homes to help you make an informed decision.
Rethinking65 features Quentara Costa’s insight on how tax benefits for continuing care retirement communities can make them more affordable.
Read how you may be able to save a bit on taxes if considering a CCRC. You may potentially be able to deduct a portion of the initial buy-in and ongoing rent.
When agreeing to move forward at a retirement community, be prepared for the paperwork so you don’t encounter delays.
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