Payroll tax to fund long-term care - Kiplinger
Washington state enacted the Long-Term Services and Support Act (WA Cares) three years ago to address the costs of providing long-term care to Washington residents. Beginning July 2026, each eligible person can access long-term care services and support costing- up to $36,500 (adjusted annually for inflation). How is this being funded? Washington state will be the first to use payroll tax to help fund long-term care. Kelley R. Taylor outlines this new program and questions if other states will implement similar initiatives. Read Ms. Taylor’s article here…
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