Americans worried about outliving their retirement savings can benefit from a little-known, tax-advantaged scheme which will guarantee their income for life.From this year, savers can use up to $200,000 from their retirement accounts to purchase qualified longevity annuity contracts (QLACs).Previous contribution limitations stipulated you could only put $145,000 in QLAC or 25 percent of your income - depending on which figure was lowest.
Load More
Load More