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).
What the New Trump Accounts Mean for Your Family
As part of President Trump’s “One Big Beautiful Bill,” signed into law on July 4, 2025, a new type of savings vehicle...
