As the population ages, the need for caregivers is growing, but the Trump administration's immigration policies, whatever you may think of them, could have a negative impact on a caregiving industry that is already facing workforce shortages.
The Internal Revenue Service (IRS) has announced the amount taxpayers can deduct from their 2020 income as a result of buying long-term care insurance.
When it comes to long-term care costs, the charges for home care are now rising faster than those for nursing home care, according to Genworth's 2019 Cost of Care survey.