Live Longer and Prosper with Annuities

Are you worried about outliving your money in retirement? Here’s another option:

Alert: The IRS has issued final regulations allowing IRA owners and qualified plan participants to acquire ” longevity annuities” in their accounts. The purchases won’t be tainted by the rules for required minimum distributions (RMDs).

As a result, you may use a portion of your account assets to provide guaranteed income at an advanced age, like 80 or 85.

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