005: What is a Qualified Longevity Annuity Contract (QLAC)?
- Author
- The Annuity Man
- Published
- Tue 15 Oct 2019
- Episode Link
- http://TheAnnuityMan.com
In this episode, The Annuity Man discusses:
- What is a QLAC and how does it work
- The benefits and limitations of a QLAC
- The history of QLACs
- Why QLACs should be the #1 annuity type owned by consumers
Key Takeaways:
- QLACs solve for future lifetime income needs using your Traditional IRA
- QLACs allow you to add your significant other to the payment stream
- Everyone with a traditional IRA should get a QLAC quote for their specific situation
- QLACs and DIAs are the same product structure, but with different rules on how and where they can be used
"Qualified Longevity Annuity Contracts (QLACs) should be considered and quoted for every person that has a Traditional IRA." — The Annuity Man
Connect with The Annuity Man:
Website: TheAnnuityMan.com
Email: [email protected]
Book: QLAC Owner’s Manual
YouTube: Stan The Annuity Man
