QLAC Annuity Delays Required Minimum Distributions – Provides Lifetime Income

QLAC Agent Man announced the availability beginning immediately of a new Annuity called a Qualified Longevity Annuity Contract (QLAC) that delays Required Minimum Distributions and provides Lifetime Income.

Yucaipa, USA – April 24, 2015 /PressCable/ —

People in or near retirement looking for a way to delay Required Minimum Distributions (RMDs) may want to look at a Qualified Longevity Annuity Contract (QLAC).

QLAC Agent Man is a service that provides quotes for those interested in finding out more. Details about QLAC can be found here: www.qlacannuityagent.com

A Qualified Longevity Annuity Contract (QLAC) is designed to appeal specifically to People facing required minimum distributions who don’t want to take them yet.

Some of the annuity’s features are:

Can opt for a death benefit, joint lifetime income, cost of living adjustments – The death benefit solves the problem of what happens if a person dies to soon. The joint lifetime income makes it so if one spouse survives the other they don'[t lose any income, and the cost of living adjustment makes it so it helps the income keep up with inflation.

A person can put up to 25% of their qualified assets or $125,000 whichever is less into a QLAC – this will be indexed for inflation at increments of $10,000, so on the next adjustment a person would be able to start a new plan with up to $135,000, or if they already had a contract, add $10,000 more to it.

Required Minimum Distributions are delayed for up to 15 years, or until age 85 – Many people have enough income from other sources and don’t want to have to start RMDS at age 70 1/2 and that is where the QLAC does it’s magic. The only other solution is to convert qualified money to a Roth IRA but this always involves paying the conversion taxes which is never a popular solution.

Lee Martinson, President of QLAC Agent Man, when asked about Qualified Longevity Annuity Contract (QLAC) said:

“It’s great for delaying required minimum distributions and for people who have longevity in their genes and want some income later on that that is guaranteed and can’t be outlived.”

Those interested in learning more about the company can do so on the company website at www.qlacannuityagent.com. Those interested in getting a quote can also go the site and fill in the quote request form.

For more information about us, please visit http://qlacannuityagent.com/

Contact Info:
Name: Lee Martinson
Organization: QLAC Agent Man
Address: 34455 Yucaipa Blvd.Suite 209, Yucaipa, CA 92399
Phone: 800-421-9677

Release ID: 80372