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Gradient - Why QLACs May Not Matter
Recently, the Treasury Department issued final rules regarding the establishment of "Qualified Longevity Annuity Contracts," also referred to as QLACs. QLACs are designed to help retirees avoid outliving their retirement nest eggs and achieve the retirement they've worked their whole life for. When properly implemented, a QLAC could reduce RMDs by as much as 25%.

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