8/5/14 – Longevity Insurance

On July 1st, the US Treasury Department gave the green light for savers to convert part of their 401(k) or IRA balances into a longevity annuity. Longevity Insurance (QLAC) is a type of deferred income annuity typically designed to begin paying an income stream once the annuitant (you) lives past 80 or 85. Basically, QLAC [...]

By | 2014-08-05T20:23:24+00:00 August 5th, 2014|Client Conversations|0 Comments