Retirees Can Move $210,000 From an IRA Into a QLAC and Delay RMDs on That Money Until 85. Almost Nobody Has Heard of It.
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The post Retirees Can Move $210,000 From an IRA Into a QLAC and Delay RMDs on That Money Until 85. Almost Nobody Has Heard of It. appeared first on 24/7 Wall St..
The Qualified Longevity Annuity Contract, or QLAC, is one of the least discussed tools in the U.S. retirement code. It allows a retiree to move a portion of an IRA into a deferred income annuity and exclude that amount from the required minimum distribution calculation until age 85. For 2026, the maximum amount that can be moved is $21
The Qualified Longevity Annuity Contract, or QLAC, is one of the least discussed tools in the U.S. retirement code. It allows a retiree to move a portion of an IRA into a deferred income annuity and exclude that amount from the required minimum distribution calculation until age 85. For 2026, the maximum amount that can be moved is $21
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