#qlac

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#annuity #deferred income #ira #irs #qualified longevity annuity contract #required minimum distributions #retirement planning #rmd #secure 2.0 act #tax strategy

Hide $210K in Your IRA From the IRS Until Age 85
A little-known tax strategy lets retirees shrink required withdrawals by locking money into an annuity, but the trade-offs are steep.
24/7 Wall St. · 2m