Educational Seminars & Client Events

Event Information:

  • Thu

    QLAC - A Strategy for RMD Reduction

    8:30 AM - 9:30 AMSilver's Bar & Grill 104 Euclid Ave. Park Ridge, IL 60068




    Problematic taxes result can from the legally-forced spend-down of inherited IRAs - Required Minimum Distributions (RMDs). While there are a handful of strategies, that can reduce RMDs most revolve around donating IRA money to a qualified charity, gradual Roth conversions (a solution that is sometimes "too little too late".), or even delaying your own retirement.

    Enter the Qualified Longevity Annuity Contract (QLAC).  These game-changing products can allow you to defer distribution of a certain sum inside a Traditional IRA. The amount you set aside becomes immediately exempt from calculations of your current RMDs. The removed IRA funds then become the basis of an insured income stream that can be deferred all the way to age 85, if needed. This is potentially a powerful tool if used properly, especially by those who have to deal with unplanned large RMDs! To learn about the QLACs' power of flexibility in tax and income planning, please join us for breakfast on March 19th.