The Qualified Longevity Annuity Contract is a DIA that was created in 2014 by combined efforts of the U.S. Treasury and the IRS that carries with it some additional tax benefits. Who doesn’t love tax benefits in addition to those discussed in the video on annuities and taxes. In this video, you will learn about the special features of a QLAC and which of those features provides options that a DIA cannot offer for your retirement income planning.
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**Healthy in Retirement makes content available as a service to its customers and other visitors, to be used for informational purposes only. While my best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action….(read more)
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This is rare info about QLACs that I can see being useful to many