Retirees Can Move $210,000 From an IRA Into a QLAC and Delay RMDs on That Money Until 85. Almost Nobody Has Heard of It.
· finance.yahoo.com
A little-known IRS provision lets retirees legally shelter a large chunk of their IRA from required withdrawals for over a decade, yet most financial advisors never bring it up. Understanding why could change how you plan your retirement income.
Quick Read
Retirees can shelter up to $210,000 of pre-tax IRA funds in a QLAC, removing that money from RMD calculations until age 85.
Moving $210,000 into a ...