If you could improve your clients’ probability of success by close to 100%, would you feel obligated to at least learn more about it? What if I told you that this strategy works regardless of economic conditions, tax rates and regulatory environment? If I also told you it’s simple to implement, you’d probably be thinking it’s too good to be true. Fortunately, it’s actually NOT too good to be true. But it is proven to bring your clients an increased chance of hitting their retirement goals.
For the last six years, we’ve been studying the results of qualified longevity annuity contracts (QLACs). And these results are nearly identical for every year, regardless of economic conditions, regardless of tax rates, and regardless of regulatory environment.
With a QLAC, you can take one of the greatest multipliers of risk — longevity — off the table. A qualified longevity annuity contract allows you to defer some of your client’s RMDs. But using a QLAC at ages 55-60 allow for even better results. It allows your client to buy that income now, while it’s less expensive, and remove that mortality risk.
When we look at projected interest rates from some of the 35 top investments by money managers, we find that QLACs offer the best chance as success. So, I’m challenging you to reach out to our retirement income consultants and have them walk through the QLAC study with you. Learn about the tax implications and, more importantly, the longevity implications. And finally, learn how you can help improve the probability of success for your clients.
Take a look for yourself and determine how a QLAC can improve your clients’ chances of a successful retirement.
Recognize the opportunity to transform your business by taking our free training.