The Long Term Care Trust allows small businesses to make tax-deductible contributions to the trust, where the money accumulates tax-free over time. Should an employee need long-term care benefits, the money can be distributed tax-free, providing valuable coverage for the employee while also providing tax benefits to the business.
Our team of experts will work closely with the business to customize The Long Term Care Trust to meet the unique needs of their organization and employees. We understand that every business is different, which is why we take a personalized approach to designing benefit plans that meet the specific needs of each client.
The Long Term Care Trust is designed to provide comprehensive coverage for employees while also providing cost savings to the business. By making tax-deductible contributions to the trust, businesses can reduce their tax liability while also providing valuable benefits to their employees.
At USB Group, Inc., we take pride in our ability to provide comprehensive and personalized benefit plans to small businesses. Contact us today to receive a brochure describing all of the advantages of the long-term care trust.
Our team of experts is awaiting your contact. Please send us a message, and we will reply as soon as possible.