A qualified longevity annuity contract (QLAC) – learn what it is, how it works, and one of the best benefits, lower required minimum distributions (RMDs)!
FedLife Podcast (ep. #109): Lowering Your Required Minimum Distributions with a QLAC
You won’t hear Ed and Dan talking fondly of annuities often but when they do – it’s a QLAC, a qualified longevity annuity contract. Learn how a QLAC can help feds lower the RMDs from their TSP accounts and traditional IRAs.
Featured in this episode:
- Managing longevity risk
- The rules and mechanics of QLACs
- RMDs from TSP and IRAs
- Qualified with a Capital Q
- Is a TSP life annuity a good idea?
- The RMD trifecta for federal employees?
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