With the average cost for a Nursing Home per day reaching $192.00, there is a better way when we get old and feeble. I have ascertained that I can get a nice room at the Holiday Inn for around $80.00. That leaves $112.00 a day for beer, food (room service), laundry, gratuities and special TV […]
Tag Archives: walker
Today TaxMama hears from Anthony in the TaxQuips Forum with a common problem. “I have a client who stopped working at 81 because he had a stroke and had to go into a nursing home. He had a Sec. 457 plan, which allowed him to put off taking distributions until he terminated employment. But he was […]
A 92-year-old, petite, well-poised and proud man, who is fully dressed each morning by eight o’clock, with his hair fashionably combed and shaved perfectly, even though he is legally blind, moved to a nursing home today. His wife of 70 years recently passed away, making the move necessary. After many hours of waiting patiently in […]