Coming soon to an IRA portfolio near you: Longevity Annuities?
Photo courtesy Margan Zajdowicz.
If a significant portion of your retirement assets are held in a retirement account like an IRA, how can you accomplish the following three goals at the same time:
- Avoid running out of money someday (by annuitizing some of the assets)
- Avoid minimum distribution rules that would force withdrawals (and taxes)
- Defer withdrawals to rather late in your retirement years (to say, age 85)
Well, you can’t. But that may change soon. Very soon.
The IRS has proposed new regulations which would allow certain qualified
Share This Story, Choose Your Platform!