Paying for Assisted Living

  • Tax Deductions for Assisted Living
    Both assisted living residents and their family caregivers can deduct certain long-term care expenses from their taxes under the right circumstances and with proper documentation. Read on to learn if you or your loved one qualifies.
  • Medicare Coverage of Assisted Living
    Medicare does not pay for assisted living, but Medicaid does pay for some assisted living costs for eligible seniors in most states. Learn what Medicare does cover and how to use Medicaid to cover assisted living costs.