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Understanding QLACs and RMD Reduction Yes, you can use a Qualified Longevity Annuity Contract (QLAC) inside your IRA to reduce required minimum distributions (RMDs), providing valuable flexibility for retirement income planning. QLACs are specialized deferred annuities that allow you to postpone income while excluding a portion of your retirement account balance from RMD calculations. This … 더 읽기

Understanding QLACs and RMD Reduction A Qualified Longevity Annuity Contract (QLAC) within your IRA can help reduce required minimum distributions (RMDs) while providing guaranteed income later in retirement. Current contribution limits allow up to $200,000 or 25% of your account balance, whichever is less, to be allocated toward a QLAC. This strategy can be particularly … 더 읽기