Retirement Planning

573-441-7100 Missouri Qualified Longevity Annuity Contract (QLAC) [Video]

Watch/Read More

573-441-7100 Missouri Qualified Longevity Annuity Contract (QLAC)

Understanding a Qualified Longevity Annuity Contract (QLAC) is important for a fulfilling retirement because one of the biggest fears many people have as they grow older is outliving their money. A QLAC is an investment vehicle that allows funds in a qualified retirement plan, such as a 401(k), a 403(b), or an IRA, to be converted into an annuity.

An annuity is a contract purchased from an insurance company in which the buyer pays the insurance company either a lump sum or a series of premiums.

At some point in the future, the insurance company pays back the annuity owner—called the annuitant. How many years the owner receives payments depends on the type of annuity purchased.

A qualified longevity annuity contract (QLAC) provides a lifetime of income once the preset annuity start date is reached. The longer an individual lives, the longer a QLAC pays out.

One of the benefits of using IRA funds to purchase a QLAC is that it helps to avoid violating the IRS RMD rules for those turning age 72.

A required minimum distribution (RMD) is the minimum amount that must be withdrawn—per the IRS—from a person’s retirement account balances each year starting when he turns 72 years old.

A QLAC allows for a transfer of IRA funds to be used to purchase the annuity.

Since a QLAC is a deferred annuity, the product allows distributions to be delayed until a future date but no later than the person’s 85th birthday.

In other words, the amount that has been transferred to buy the QLAC doesn’t have any required minimum distributions until the predetermined payout date for the annuity.1

Another benefit of a QLAC is that it allows a spouse or someone else to be a joint annuitant, meaning that both named individuals are covered regardless of how long they live (with some conditions).

In effect, QLACs act as longevity insurance. As such, they are a valuable tool in retirement income planning.

The IRS sets an annual maximum amount that can be used to purchase a QLAC using IRA funds.

In 2020 and 2021, an individual can spend 25% or $135,000 (whichever is less) of their retirement savings account to buy a QLAC via a single premium.

Our advisors at Alpha Family Office ensure peace of mind by protecting our clients’ assets with our proven estate planning and smart retirement strategies.

Alpha Family Office helps optimize life with customized estate and retirement planning. Visit our website:

Since 1994, we have been helping clients protect their assets for smart retirement by creating customized estate and retirement strategies with robust financial portfolios to meet their long-term lifestyle and financial goals.

We address the challenges that many of our clients face in today’s global economic environment of complex tax and regulatory changes during adverse or catastrophic market conditions (the so-called “black swan” unexpected events that can dramatically affect global markets and change lives).

Alpha Family Office is the holistic solution available to people looking for stability and control of their assets through our financial planning, wealth management, administrative, and lifestyle services.

Our family office creates customized estate and retirement strategies with robust financial portfolios to meet our clients’ long-term lifestyle and financial goals.

Our advisors would be glad to discuss our retirement planning, private banking, insurance, annuities, trusts, wills, and all available Medicare options for your state.

We also develop custom equity portfolios for clients with rather complex international asset management needs.

Call now +15734417100 to learn how we could help optimize your life.

All Rights Reserved (C) 2022
Alpha Family Office


To contact us via email, visit:


Retirement Planning

Good! $1,400 4th Stimulus Check - Low Income, Social Security, SSDI, SSI, VA [Video]

Good! $1400 fourth stimulus check for low income, Social Security, SSDI, SSI benefitsIn this video, we are discussing a fourth stimulus check in the amount of $1400. This is a $1400 fourth stimulus check update, Stimulus check update today, $1400 stimulus check update, stimulus check update, stimulus check status update, Social Security stimulus check update, low income stimulus check update, SSDI stimulus check update, SSI stimulus check update. We are discussing some good news in regards to a $1400 fourth stimulus check specifically focused on low income, Social Security, SSDI, SSI and a stimulus check that is highly focused. We will continue to keep you updated on Stimulus, Stimulus Checks, Money, Benefits and so much more Fan Club - Join Here: Stocks Here: $30 with this Cashback App: Gas & Groceries here: Your Support Here: Amazon Here: make sure to subscribe to the Blind to Billionaire channel as it is our dedication to continuously do research each and every day and deliver that valuable information here in these short videos. It is our commitment to help you get as much money, benefits, checks, as well as anything else right now during this very busy time. The Blind to Billionaire community is very much committed to you and helping you out in any way we possibly can. Thank you so much for your continued support.Also, please be sure to share this video or any of those here on the channel with your friends, family, social media and go back and check out any of the other thousands of videos we have here in our video library.***Disclaimer*** All the material in this video is for entertainment purposes only and is not financial, legal, accounting, tax, investment advice, or advice in any way. This information should be used as general information for entertainment purposes, we highly advise you speak to your professional for specific information. We are not liable in any way, shape, or form as a result of any information discussed in this video. Links shown above are affiliate links which will result in the creator receiving a small commission upon the use/registration of the link provided.Blind to Billionaire is a dedicated YouTube channel to bring you daily updates and information to be The most valuable and high-quality information for this community. Blind to Billionaire is very dedicated to this community so please make sure to subscribe, share this video and check out any of the other thousands of videos here on the channel.#Stimulus #StimulusCheck #StimulusPackage #StimulusUpdate #Money #Biden #PresidentBiden #News #Headlines #Update #SocialSecurity #SSDI #SSI #LowIncome #Seniors #Elderly #Retirement #Disability #SocialSecurityDisability #SocialSecurityRetirement #BlindToBillionaire

Retirement Planning

Forex Risk Management | Lesson 1: Risk Management Overview | Free Series | Phantom Trading [Video]

Ready To Join The Phantom Trading Community?⬇️ Click Here To Join Now ⬇️ Phantom Trading to get access to our full library of supply and demand trading videos so you can learn to trade like us and find your consistency as a professional trader. Plus get access to our growing discord community!⬇️ Get 10% off Magic Keys On-screen or Physical w/ Code: CDW10 ⬇️⬇️ Position Size Calculator (MT4/MT5 Only) (Free) ⬇️⬇️ Trade Assistant (MT4/MT5 Only) (Not Free) ⬇️MT4: Curve Simulator #trading #risk #management #stocks #smc #smart #money #concepts #suppy #demand #fx #currencies #commodities #gold #trader #trades #trade #fxtrading