Part of the admission process at Riddle Village includes a financial review to help ensure that you have the necessary funds to live in a Lifecare community such as ours. Once that review process is concluded and you have been financially accepted, Riddle Village takes on the responsibility of providing you with the lifestyle and [...]
Riddle Village offers three different Entrance Fee Plans. Plan A (our most popular plan) is a declining balance plan that depreciates 4% at occupancy, then 2% per month for 48 months. Plan B is a 50% refundable plan. The non-refundable portion depreciates 4% at occupancy, then 2% per month for 23 months. Plan C is [...]
Yes, a portion of your non-refundable entrance fee is deductible in the first year of your residency at our community. In addition, each year a portion of your monthly fee is tax deductible on your federal tax return as pre-paid medical expenses. A marketing representative will review these deductions with you when you visit Riddle [...]
This is a common question for many when visiting our community. Most are surprised by how affordable the Life Care option truly is. The funds used to secure one’s future here at the Village may be the best money ever spent. Riddle Village is proud to be one of the most affordable retirement communities in [...]