Frequently asked questions about CCRC’s
What is a CCRC?
Continuing Care Retirement Communities are independent residential neighborhoods filled with services, amenities—and security. At a CCRC, you’ll live with the promise of access to on-site health services that include Assisted Living, Skilled Nursing, and often, Rehabilitation services and Memory Care, if needed. CCRC members pay a one-time entrance fee and an ongoing monthly service fee that can lead to tax- and estate-planning benefits.
CloseWhy should I choose a CCRC?
CCRCs offer benefits you won’t find in other senior living communities. Enjoy the freedom to pursue your goals, and ways to help you achieve them. Maintenance-free residences, dynamic amenities and engaging activities let you follow your own path each day, with the confidence that any health needs will be met on site.
CloseWhat are the advantages of a CCRC?
Community living helps people live longer, healthier lives, and CCRC members report more satisfaction than peers who remain in their own homes. You’ll thrive with the comfort of caring staff, access to future care, and a campus specially designed for older adults.
CloseAm I ready for a CCRC?
If you or your spouse are over age 62, then it’s not too early. The best time to move to a CCRC is when you can enjoy all that the engaging, carefree lifestyle offers. Waiting longer might reduce your options and add stress to making your move. Don’t miss out on years of a fulfilling lifestyle and all the benefits a CCRC offers!
CloseCan I afford it?
Covenant Living CCRCs offer financial options with varying fees and health care provisions, plus refunds and estate benefits. If you’re not sure that you can afford a move, compare community fees—and benefits—with the costs of staying in your current home:
- Home ownership—mortgage or rent, property taxes and insurance
- Home upkeep— utilities, landscaping, maintenance and repairs
- Lifestyle—the rising cost of groceries, gasoline, entertainment, recreation and travel
- Wellness—health club memberships and caregiver or security services
CCRCs also provide the assurance that your assets and your income will be protected in the event of an unexpected health event requiring Assisted Living or Skilled Nursing care.
CloseWhere do I start?
Get the information you need to make the best decision about your future:
- Attend several community events, talk with residents and explore life at a Covenant Living community.
- Meet with a senior living advisor to tour residences and review floor plans, applications and residency agreements.
How do I know if a CCRC is financially sound?
To affirm your confidence, Covenant Living Communities and Services’ financial report outlines the solid financial position that makes us an excellent retirement choice. With more than 3,000 employees serving 5,000 residents, our family of Continuing Care Retirement Communities is one of the nation’s largest not-for-profit retirement living organizations.
CloseDisclosure & Transparency
Covenant Living Communities and Services is committed to full disclosure of information for residents, prospective residents and other interested parties.
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Did you know a Qualified Charitable Distribution (QCD) can be a simple, tax-smart way to support causes you care about?
By giving directly from your IRA, a QCD may help reduce taxable income while also counting toward your Required Minimum Distribution (RMD). Many choose this option as a way to support meaningful programs, including Benevolent Care at Covenant Living.
If you’re curious how it works, your financial advisor or IRA provider can help you explore whether it’s a good fit.
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An IRA charitable rollover allows individuals 70½ and older to reduce their taxable income by making a gift directly from their IRA. - Covenant Living
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An IRA charitable rollover allows individuals 70½ and older to reduce their taxable income by making a gift directly from their IRA.Comment on Facebook
Starting a conversation about assisted living with a loved one can feel emotional and even overwhelming—but it’s also one of the most caring things you can do.
Have you noticed small changes in your loved one’s daily routine or safety that have made you start to wonder what the next best step might be? These moments can be hard to talk about, but they often open the door to meaningful conversations about support, comfort, and quality of life.
Assisted living isn’t about losing independence—it’s about gaining the right level of care while continuing to live as fully and safely as possible. Approaching the topic with patience, empathy, and genuine listening can help make the conversation feel less like a decision and more like a shared journey.
If you’re beginning to explore assisted living options, our team is here to support you with guidance, answers, and compassion every step of the way. bit.ly/4566V0K ... See MoreSee Less
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Covenant Trust is a proud supporter of Covenant Living’s Benevolent Care Fund, helping ensure residents can continue to call Covenant Living home, even if their resources change over time.
Many people don’t realize that charitable giving can also be part of a thoughtful financial plan—supporting causes they care about while planning for the future.
For those interested in learning more, Covenant Trust offers resources to help explore options that align with personal and charitable goals.
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Our Corporate Team - Covenant Trust
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Our Corporate Team Meet the executives, investment professionals and client services staff that make up our corporate team. We also have Financial Advisors throughout the U.S. to serve you. @media scr...Comment on Facebook