Category Archives: Longevity Insurance

The Perfect Storm for a Tax Credit Longevity Annuity Plan

Published on November 7, 2017

A Tax Credit Longevity Annuity Plan, or TCLAP, would create tax-favored private pension plans while also providing for long-term care benefits.

Life Expectancy: Err on the Optimistic Side

Published on August 8, 2017

If you rely on life expectancy as the basis for all of your retirement planning decisions, there’s a 50% chance that you’re projected to outlive your assets.

Don’t Defer Your QLAC Purchase

Published on September 15, 2015

I was recently asked by CNBC personal finance writer Tom Anderson, who was writing a story on qualified longevity annuity contracts, or QLACs, “What are the biggest mistakes clients make when buying QLACs?” My answer, which was quoted in Tom’s September 9th An Option for Those Who Fear Outliving Their Money article, was not purchasing a…

QLACs are Here

Published on December 1, 2014

Since the Treasury and IRS finalized a regulation in the beginning of July blessing the use of qualified longevity annuity contracts, or “QLAC’s,” a lot of people have been wondering when and where they can buy one.

Don’t Expect to See QLAC’s Soon

Published on September 15, 2014

The most recent potential retirement income planning game-changer, qualified longevity annuity contracts, or “QLAC’s,” have received a fair amount of press since the Treasury and IRS finalized a regulation in the beginning of July blessing their use.

Longevity Insurance is an App

Published on September 10, 2013

Although DIAs and FIAs with income riders may be purchased to provide what’s marketed as longevity insurance, this is only one application of both products.

Insure Your Longevity

Published on May 20, 2013

Longevity insurance is one application of different types of fixed income annuity products offered by life insurance companies to meet income needs.

The Retirement Income Planning Sweet Spot

Published on March 25, 2013

As with all retirement income planning goals, you need to work backwards from your target date, which would be the age at which you would like to retire.

Invest in DIA to Fund LTCI Premiums When Retired – Part 2 of 4

Published on October 22, 2012

A deferred income annuity (DIA), often referred to as longevity insurance, can be used to fund long-term care insurance (LTCI) premiums during retirement.