
QLACs
These Features Can Affect Your QLAC Rates
There are optional features you can choose so that your QLAC fits your needs. We’ve outlined how these options can affect your QLAC rates here.
The QLAC is like a pension you can buy for yourself from an insurance company using your pre-tax retirement savings, generating a guaranteed income that lasts as long as you do. Because of its special designation, income from QLACs can start later than 72, allow you to defer your required minimum distributions (RMDs) and associated taxes. It’s a great way to diversify your portfolio, and make sure that all, or most, of your basic retirement expenses will be covered for as long as you live.
Blueprint Income is not a fiduciary, but we adhere to fiduciary principles, and we’ll never suggest you buy a product that isn’t right for you. After years of working with clients, we’ve built an easy checklist so you can know if a QLAC is a good fit for you:
Sometimes it’s easier to see what you are instead of what you aren’t. If you can check off these boxes, a QLAC is probably not a good fit for you:
This checklist is a good outline, but we know that it’s sometimes easier to sort through the specifics of your financial future with someone over email or phone. We’re always here to help! You can contact us at [email protected].
At Blueprint Income, we offer annuities from more than 15 top rated insurance companies. Click below to get real-time personalized quotes.
From there, you’ll get access to our annuity guides and team of specialists to help you analyze your retirement finances and walk you through the application process. Need more help to know whether you should buy a QLAC? Email us at [email protected].
There are optional features you can choose so that your QLAC fits your needs. We’ve outlined how these options can affect your QLAC rates here.
A QLAC is not only financially valuable, but it offers something traditional investments cannot: peace of mind. We’ve laid out how to determine your financial return from a QLAC.
QLACs have many financial benefits which make retirement planning simpler. But, it’s important that you know all they have to offer to determine if it’s right for you.