Practitioners Say QLAC Rules Widen Choices, But Plans May Be Reluctant to Offer Them

Practitioners Say QLAC Rules Widen Choices, But Plans May Be Reluctant to Offer Them

07/15/14

Recent final rules on qualifying longevity annuity contracts (QLACs)—which can help retirees ensure they have a stream of regular income through their advanced years—received praise from retirement insiders, but the new guidance doesn’t guarantee that the products will be embraced, practitioners told Bloomberg BNA in a series of interviews.

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