Longevity Annuities Can Help Provide Peace of Mind to Retirees

The U.S. Treasury Department released regulations earlier this month paving the way for pre-retirees and retirees to obtain added longevity protection. You are allowed to place part of your IRA into qualified longevity annuity contracts, or QLACs. While longevity annuities are a new option for IRAs, there are pros and cons. Mary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

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