Tag: 401(k) plans|Annuities|Fiduciary|IRAs|Pension Rights Center|Regulation|Treasury Department
Practitioners Say QLAC Rules Widen Choices, But Plans May Be Reluctant to Offer Them
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.
