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Washington’s new long-term care payroll tax is coming soon to: Important informational webinars offered

  |   Legislative, State Regulatory

Did you know that WA passed legislation and employees will pay a new payroll tax starting on Jan. 1, 2022, to fund a long-term care (LTC) trust? It is going to be funded by W-2 wage-earning employees, including practice owners. But will you benefit from your own contributions? A webinar featuring Dr. Darby Affeldt and Chris Sitek will discuss this and much more during this timely webinar. Topics they’ll cover include:

  • The WA State Cares Fund
  • Payroll deductions begin Jan. 1, 2022
  • You can opt-out but only if you have approved LC in place. How?
  • Deadlines and details
  • How much will be deducted from income?
  • If or how it will benefit you
  • Why LTC should concern you outside of simply opting out
  • What options are in the marketplace if you wish to opt-out
  • Overall financial strategies around the topic of LTC

 

The webinar will be offered on three different dates. Choose the time that works for you. To register, click on the date.

Tues., June 15 at 6 pm

Weds. July 14 at 1 pm

Thurs., Aug. 5 at 6 pm

Dr. Darby Affeldt’s background and veterinary practice ownership inspired her to become a financial professional specializing in working with veterinary professionals. She’s furthered her education to earn the RICP designation, Retirement Income Certified Professional. She advises her clients by developing comprehensive strategies to establish sustainable income and help them attain their goals.

Chris Sitek, CLTC, CASL, CLU, ChFC, RHU, REBC, as Vice President, Life and Long-Term Care, Chris helps financial professionals at North Start identify suitable insurance product solutions for their clients. In an industry with hundreds of companies and thousands of products, Chris helps narrow down the choices to the few that truly make sense for each clients’ unique situation.

The webinars are sponsored by PSIVet, Covetrus, and North Star Resource Group.

 

Posted May 28, 2021