Believe it or not, sometimes the federal government does you a favor. With the Secure Act 2.0 of 2022, investors with qualified pre-tax retirement accounts like those within a 401(k) or Traditional and Rollover IRAs are able to use up to $210,000 (2025 maximum) of those funds to purchase a unique deferred income annuity called a Qualified Longevity Annuity Contract (QLAC).
Still looking good, but don’t get complacent
“You’ve got to know when to hold ’em, know when to fold ’em”– Kenny Rogers, “The Gambler” There was no shortage of...
