QLAC’s Key Features

    • 25% up to $125,000 maximum deferral of your IRA
    • Required Minimum Distribution (RMD) deferral period age 71 to 85
    • Potentially lower taxes during the deferral period
    • Lifetime income guarantee (can’t outlive the income)
    • Joint lifetime income options
    • No annual fees
    • Balance goes to heirs upon death option (not to the annuity company)
    • Created On July 1, 2014 
      (click to see QLAC Bill)