Finding Retirement Assets with QLAC
Are your clients concerned about how long their retirement savings will last? What about the impact of required minimum distributions (RMDs)? Maybe they’re thinking about potential expenses later in life and want income specifically for that time.
Maybe they want to work into their 70s without having to pay taxes on some retirement savings.
For these situations and others, I have good news. The U.S. Department of the Treasury and the Internal Revenue Service recently issued regulations regarding longevity annuities, an option that could help your clients extend some of their savings to a later date when they might need it more.
With a qualifying longevity annuity contract (QLAC), they can defer the distribution of a portion of their qualified assets up to age 85. This is one of the only qualified investment options that offers this opportunity.
Madison Brokerage Monthly Webinar Series: Finding Retirement Assets with QLAC
Date: Wednesday, April 20, 2016
Time: 11:00 am | Eastern Daylight Time (GMT -04:00)
Duration: 30 min
Host: Kelly Panzanaro CLU, ChFC, RICP, Regional Vice President at Principal
Meeting number: 594 645 890
Meeting password: Madison
Join by phone
Toll-free number: 1-888-804-6749 (US)
Conference Code: 301 445 7622