Tech IndustryJun 27, 2022
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Cancel Transamerica (LTC - WA) if you are on H1B
https://wacaresfund.wa.gov/private-insurance/ There is an exemption for LTC insurance if you are on temporary visa.
WA State Long Term Care Insurance Tax Exemptions & Information
WA Cares Fund
WA Cares Fund
Itās permanent for everyone-āIf you already have an approved exemption, itās up to you to decide to maintain or cancel your private long-term care policy.ā
Iāve been meaning to cancel it but havenāt gotten around to it. Any risks in canceling it?
You get a green card and you end up paying 0.58% tax for rest of your life.
Did you receive back the monthly payment that was already deducted?
Doesn't this mean the "permanent" exemption that we got isn't really permanent?? How can they do that retroactively?