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Please note: This item is from our archives and was published in 1997. It is provided for historical reference. The content may be out of date and links may no longer function.

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Americans Confused about Long-Term Care

CPAs should be aware that their individual clients are more worried about paying for long-term care (LTC) than for retirement and do not understand what their LTC options are. Most respondents in a recent survey of 1,000 Americans 21 and older flunked a quiz testing their knowledge about LTC.