annuities

Retirement Savings Bills Would Boost Deferred Annuities

When Congress returns for a short post-election session, one item on its to-do list is major retirement savings legislation that has broad bipartisan support. One feature of both House and Senate bills: Expanding a deferred annuity called a Qualified Longevity Annuity Contract (QLAC). Both bills would increase the allowable size of QLACs. That might make them more attractive to some [...]

By |2022-10-19T12:08:44-04:00October 19th, 2022|Uncategorized|0 Comments

A New Kind of Annuity for Those Who Already Need Long-Term Care

Imagine you are 75 and suffer a stroke. You have some financial assets but, suddenly facing a lifetime of unexpected personal care needs, you are worried about outliving your money. You never bought long-term care insurance and could never pass underwriting that would allow you to buy now. What do you do? You could tap your home equity with a [...]

By |2016-03-02T14:58:22-05:00March 2nd, 2016|long-term care financing|0 Comments