Analysis: QLACs can cut taxes on retirement savings

Qualified longevity annuity contracts, which defer payouts, can be used to improve the tax efficiency of retirement savings, Elliot Raphaelson writes. If a QLAC is held within a traditional IRA, it can be used to defer 25% of the IRA’s account balance, Raphaelson writes. Chicago Tribune (tiered subscription model)/Tribune Content Agency (12/15)