IRS Finalizes Regulations on Use of QLACs

New IRS rules provide that longevity annuity payments will not be required to begin prematurely, thus adding flexibility to retirement planning and helping to protect individuals from outliving their savings.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/k-Gj_S6HGmQ/Tax_Clinic_01.aspx

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