I really like QLAC's because there is no loss of principal meaning if the QLAC does not pay out fully the difference goes to your beneficiaries (if you die) and you reduce your tax base (reduce RMD's in retirement) and can be used for income later in life. This is the only annuity product that has made sense to me for the future.
Comments
I really like QLAC's because there is no loss of principal meaning if the QLAC does not pay out fully the difference goes to your beneficiaries (if you die) and you reduce your tax base (reduce RMD's in retirement) and can be used for income later in life. This is the only annuity product that has made sense to me for the future.
Post: Be Like Burt?
Link to comment from August 22, 2021