How a QLAC Guarantees You Never Run Out of Retirement Money
Money Girl
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Understanding the Risks of Annuities and the Value of QLAC
This chapter delves into the risks of purchasing a Qualified Longevity Annuity Contract (QLAC), stressing the need to select a reputable provider and outlining the protection provided by state guarantee associations in the event of insolvency. It recommends seeking guidance from a financial advisor to assess the risks and suitability of a QLAC for one's financial objectives.
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