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Escape From the QLAC: IRS Clarifies Rules on Longevity Annuity Exchanges
By
Allison Bell
Analysis August 07, 2024 at 03:25 PM
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What You Need To Know
- Washington policymakers want to give retirees a way to maximize longevity insurance.
- The problem: The QLAC framework locks people in.
- Provisions in the new RMD regulations could let clients move some cash from one QLAC to another.
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