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Everyone wants to live a long life, but no one wants to outlive their retirement savings. First authorized by the U.S. Treasury in 2014, qualified longevity annuity contracts (QLACs) provide a ...
A qualified longevity annuity contract, or QLAC, is a type of annuity contract that you can use to create an additional stream of income in retirement. This type of annuity can offer guaranteed ...
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