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Qualified Longevity Annuity Contract

Qualified Longevity Annuity Contract

Longer life expectancy and more years spent in retirement are two realities confronting the baby boom generation—and generations beyond. But longevity can be a mixed blessing. Saving and preserving a nest egg to last a lifetime—no matter how long one may live—is one of the most vexing challenges a retiree must contend with. Outliving accumulated resources is a very real threat.

Among the innovative ideas emerging over the last decade to address this challenge is a totally new retirement vehicle known as a “longevity annuity.”

For more see our exclusive article, QLACs Beat the Longevity Conundrum. And the IRS