QLAC Longevity Annuity — Push Part of Your IRA RMD Problem Into the Future
What Is It?
A Qualified Longevity Annuity Contract (QLAC) can let you use part of retirement-account assets to defer some RMD pressure until later age.
What Most People Don’t Know
- It is an income-timing tool, not free tax elimination.
- The contract and limits must meet IRS rules.
- Once purchased, liquidity and legacy tradeoffs matter.