Timothy Sumer

Qualified longevity annuity contracts (QLACs) use deferred income annuities. The IRS has granted a particularly favorable status to QLACs for the purpose of deferring required minimum distributions. The QLAC rules of engagement permit a qualified plan participant to use 25% of their qualified plan, not to exceed $125,000 ($250,000 for married couples) and defer distributions until age 85. The vast majority of qualified plans and retirement models will need to be reconfigured to accommodate the impact of adding QLACs to their overall planning strategies. The potential ramifications of deferring QLAC monies could have a profound effect, the result of which could be the reduction of taxes. Syndicated financial columnist and talk show host Steve Savant interviews nationally recognized annuity expert Mike McGlothlin, ChFC, CLU, CFP. This end of the year update highlights some of the industry's leading annuity product innovations and planning concepts into a five part series. ...

Many older Americans are in defined benefit plans. Some of these plans are reporting shortfalls from underperformance or underfunding. And most of these defined plan deficits don’t take into account longevity risk of the plan participants. Retirement plan expert, Steve Pilger is interviewed by Steve Savant, syndicated financial columnist and talk show host of Steve Savant’s Money, the Name of the Game.... ( read more ) LEARN MORE ABOUT: Qualified Retirement Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Retirement is supposed to be the time of one's life when they finally get to enjoy all the hard work they’ve put in over the years. However, with the current state of retirement plans in the US, many individuals are not able to fully benefit from their retirement plans. Many retirement plans are funded by employers, and they are designed to provide employees with ...

Purchasing blocks of income with differing durations can manage taxes and generate guaranteed income that can grow with inflation. Income agnostic software programs which represent the majority of annuity products can deliver the best income scenario. Nationally recognized retirement expert and Top of the Table producer Curtis Cloke is interviewed by Steve Savant, syndicated financial columnist and talk show host, on this episode of "Let's Get Down to Business." ... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/buying-blocks-of-income-can-build-a-secure-retirement-annuity-retirement-income/?feed_id=53089&_unique_id=63a6e56d824b8 #Inflation #Retirement #GoldIRA #Wealth #Investing #AshBrokerage #CurtisCloke #LetsgetDowntoBusiness #SteveSavant #RetirementAnnuity #A...