{"id":187091,"date":"2023-11-03T11:21:09","date_gmt":"2023-11-03T11:21:09","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/"},"modified":"2023-11-03T11:21:09","modified_gmt":"2023-11-03T11:21:09","slug":"what-is-qlac-annuity","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/","title":{"rendered":"What is QLAC annuity?"},"content":{"rendered":"<p>An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC) is a specific type of annuity that is designed to provide individuals with guaranteed income during their retirement years. The QLAC allows individuals to defer a portion of their required minimum distributions (RMDs) from their retirement accounts, such as 401(k)s or IRAs, until a later age, typically 85.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#How_does_a_QLAC_annuity_work\" title=\"How does a QLAC annuity work?\">How does a QLAC annuity work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Who_is_eligible_to_purchase_a_QLAC_annuity\" title=\"Who is eligible to purchase a QLAC annuity?\">Who is eligible to purchase a QLAC annuity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#What_are_the_benefits_of_a_QLAC_annuity\" title=\"What are the benefits of a QLAC annuity?\">What are the benefits of a QLAC annuity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Are_there_any_drawbacks_to_a_QLAC_annuity\" title=\"Are there any drawbacks to a QLAC annuity?\">Are there any drawbacks to a QLAC annuity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Can_a_QLAC_annuity_be_modified_or_canceled\" title=\"Can a QLAC annuity be modified or canceled?\">Can a QLAC annuity be modified or canceled?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#What_happens_if_the_individual_outlives_the_QLAC_annuity\" title=\"What happens if the individual outlives the QLAC annuity?\">What happens if the individual outlives the QLAC annuity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Can_the_income_from_a_QLAC_annuity_be_adjusted_for_inflation\" title=\"Can the income from a QLAC annuity be adjusted for inflation?\">Can the income from a QLAC annuity be adjusted for inflation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Does_a_QLAC_annuity_impact_Social_Security_benefits\" title=\"Does a QLAC annuity impact Social Security benefits?\">Does a QLAC annuity impact Social Security benefits?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Can_a_QLAC_annuity_be_used_to_fund_long-term_care_expenses\" title=\"Can a QLAC annuity be used to fund long-term care expenses?\">Can a QLAC annuity be used to fund long-term care expenses?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Can_the_income_payments_from_a_QLAC_annuity_be_inherited\" title=\"Can the income payments from a QLAC annuity be inherited?\">Can the income payments from a QLAC annuity be inherited?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Is_a_QLAC_annuity_a_good_investment_for_everyone\" title=\"Is a QLAC annuity a good investment for everyone?\">Is a QLAC annuity a good investment for everyone?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#Are_QLAC_annuities_protected_by_insurance_guarantees\" title=\"Are QLAC annuities protected by insurance guarantees?\">Are QLAC annuities protected by insurance guarantees?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"How_does_a_QLAC_annuity_work\"><\/span>How does a QLAC annuity work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>When an individual purchases a QLAC annuity, they are essentially entering into an agreement with an insurance company. In exchange for a premium payment, the insurance company guarantees to provide the individual with a regular income stream starting at a specified future date, typically when they reach a certain age. The income payments from a QLAC can be fixed or inflation-adjusted, depending on the terms of the contract.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_is_eligible_to_purchase_a_QLAC_annuity\"><\/span>Who is eligible to purchase a QLAC annuity?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anyone with eligible retirement funds, such as a 401(k) or IRA, can purchase a QLAC annuity. However, there are certain restrictions on the amount that can be invested in a QLAC. Currently, the maximum investment limit is set at 25% of the total account balance or $135,000, whichever is less.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_benefits_of_a_QLAC_annuity\"><\/span>What are the benefits of a QLAC annuity?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The main benefit of a QLAC annuity is the ability to defer RMDs from retirement accounts until a later age. By deferring these distributions, individuals can potentially reduce their taxable income during their early retirement years. Additionally, the income payments from a QLAC annuity are guaranteed for life, providing a level of financial security during retirement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_there_any_drawbacks_to_a_QLAC_annuity\"><\/span>Are there any drawbacks to a QLAC annuity?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>One drawback of a QLAC annuity is the loss of liquidity. Once an individual purchases a QLAC, the premium payment is locked into the contract and cannot be accessed until the income payments begin. Additionally, if the individual passes away before the income payments start, any remaining premium is typically lost.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_a_QLAC_annuity_be_modified_or_canceled\"><\/span>Can a QLAC annuity be modified or canceled?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Once a QLAC annuity is purchased, the terms of the contract cannot be modified. Generally, QLAC annuities cannot be canceled or surrendered for a lump sum payment prior to the start of the income payments.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happens_if_the_individual_outlives_the_QLAC_annuity\"><\/span>What happens if the individual outlives the QLAC annuity?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If the individual lives beyond the expected lifespan covered by the QLAC annuity, the income payments will continue for as long as they live. This provides protection against the risk of running out of money during one&#8217;s retirement years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_the_income_from_a_QLAC_annuity_be_adjusted_for_inflation\"><\/span>Can the income from a QLAC annuity be adjusted for inflation?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, some QLAC annuities offer inflation-adjusted income payments. This feature allows individuals to maintain their purchasing power as prices rise over time.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_a_QLAC_annuity_impact_Social_Security_benefits\"><\/span>Does a QLAC annuity impact Social Security benefits?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The income from a QLAC annuity does not impact an individual&#8217;s eligibility for Social Security benefits. However, the income may be subject to income taxes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_a_QLAC_annuity_be_used_to_fund_long-term_care_expenses\"><\/span>Can a QLAC annuity be used to fund long-term care expenses?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>QLAC annuities are primarily designed to provide retirement income. While some annuities offer long-term care riders, QLACs themselves do not specifically cover long-term care expenses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_the_income_payments_from_a_QLAC_annuity_be_inherited\"><\/span>Can the income payments from a QLAC annuity be inherited?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In general, the income payments from a QLAC annuity cannot be inherited. However, some QLACs offer options that allow for the continuation of payments to a surviving spouse or beneficiary.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_a_QLAC_annuity_a_good_investment_for_everyone\"><\/span>Is a QLAC annuity a good investment for everyone?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Whether a QLAC annuity is a suitable investment depends on an individual&#8217;s specific financial goals, risk tolerance, and retirement needs. It is important to carefully consider the terms and features of a QLAC annuity and consult with a financial advisor before making a decision.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_QLAC_annuities_protected_by_insurance_guarantees\"><\/span>Are QLAC annuities protected by insurance guarantees?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, QLAC annuities are typically protected by state guaranty associations, which provide limited coverage in the event that the insurance company becomes insolvent. The coverage limits vary by state.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC) is a specific type of annuity that is designed to provide individuals with guaranteed income during their retirement years. The QLAC allows individuals to defer a portion of their required &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"What is QLAC annuity?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#more-187091\">Read more<span class=\"screen-reader-text\">What is QLAC annuity?<\/span><\/a><\/p>\n","protected":false},"author":48,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-187091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is QLAC annuity?<\/title>\n<meta name=\"description\" content=\"An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is QLAC annuity?\" \/>\n<meta property=\"og:description\" content=\"An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC)\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/synchronyfinancial\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-03T11:21:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"164\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jeffrey Rivas\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@synchrony\" \/>\n<meta name=\"twitter:site\" content=\"@synchrony\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeffrey Rivas\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/\"},\"author\":{\"name\":\"Jeffrey Rivas\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/15f0e8e6c37231e535250f164626dc79\"},\"headline\":\"What is QLAC annuity?\",\"datePublished\":\"2023-11-03T11:21:09+00:00\",\"dateModified\":\"2023-11-03T11:21:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/\"},\"wordCount\":652,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"articleSection\":[\"Learn\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/\",\"name\":\"What is QLAC annuity?\",\"isPartOf\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\"},\"datePublished\":\"2023-11-03T11:21:09+00:00\",\"dateModified\":\"2023-11-03T11:21:09+00:00\",\"description\":\"An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC)\",\"breadcrumb\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/namso-gen.co\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What is QLAC annuity?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#website\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"description\":\"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co\",\"publisher\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/namso-gen.co\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#organization\",\"name\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\",\"url\":\"https:\/\/namso-gen.co\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"contentUrl\":\"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png\",\"width\":500,\"height\":164,\"caption\":\"Namso Gen Blog - Free Credit Card Generator [100% Valid]\"},\"image\":{\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/synchronyfinancial\",\"https:\/\/twitter.com\/synchrony\",\"https:\/\/www.youtube.com\/synchronyfinancial\",\"https:\/\/www.instagram.com\/synchrony\",\"https:\/\/www.linkedin.com\/company\/synchrony-financial\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/15f0e8e6c37231e535250f164626dc79\",\"name\":\"Jeffrey Rivas\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g\",\"caption\":\"Jeffrey Rivas\"},\"description\":\"Guest author Jeffrey Rivas has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here.\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What is QLAC annuity?","description":"An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/","og_locale":"en_US","og_type":"article","og_title":"What is QLAC annuity?","og_description":"An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC)","og_url":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/","og_site_name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","article_publisher":"https:\/\/www.facebook.com\/synchronyfinancial","article_published_time":"2023-11-03T11:21:09+00:00","og_image":[{"width":500,"height":164,"url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","type":"image\/png"}],"author":"Jeffrey Rivas","twitter_card":"summary_large_image","twitter_creator":"@synchrony","twitter_site":"@synchrony","twitter_misc":{"Written by":"Jeffrey Rivas","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#article","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/"},"author":{"name":"Jeffrey Rivas","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/15f0e8e6c37231e535250f164626dc79"},"headline":"What is QLAC annuity?","datePublished":"2023-11-03T11:21:09+00:00","dateModified":"2023-11-03T11:21:09+00:00","mainEntityOfPage":{"@id":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/"},"wordCount":652,"commentCount":0,"publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"articleSection":["Learn"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/","url":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/","name":"What is QLAC annuity?","isPartOf":{"@id":"https:\/\/namso-gen.co\/blog\/#website"},"datePublished":"2023-11-03T11:21:09+00:00","dateModified":"2023-11-03T11:21:09+00:00","description":"An annuity is a financial product that provides a regular income stream in exchange for a lump sum payment. A Qualified Longevity Annuity Contract (QLAC)","breadcrumb":{"@id":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/namso-gen.co\/blog\/what-is-qlac-annuity\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/namso-gen.co\/blog\/"},{"@type":"ListItem","position":2,"name":"What is QLAC annuity?"}]},{"@type":"WebSite","@id":"https:\/\/namso-gen.co\/blog\/#website","url":"https:\/\/namso-gen.co\/blog\/","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","description":"In Namso gen blog you can get many tips regarding to Credit cards, VCC, Credit card security etc. You can generate credit cards by using Namso-gen.co","publisher":{"@id":"https:\/\/namso-gen.co\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/namso-gen.co\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/namso-gen.co\/blog\/#organization","name":"Namso Gen Blog - Free Credit Card Generator [100% Valid]","url":"https:\/\/namso-gen.co\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","contentUrl":"https:\/\/namso-gen.co\/blog\/wp-content\/uploads\/2020\/07\/namso-gen-logo.png","width":500,"height":164,"caption":"Namso Gen Blog - Free Credit Card Generator [100% Valid]"},"image":{"@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/synchronyfinancial","https:\/\/twitter.com\/synchrony","https:\/\/www.youtube.com\/synchronyfinancial","https:\/\/www.instagram.com\/synchrony","https:\/\/www.linkedin.com\/company\/synchrony-financial"]},{"@type":"Person","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/15f0e8e6c37231e535250f164626dc79","name":"Jeffrey Rivas","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/namso-gen.co\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&r=g","caption":"Jeffrey Rivas"},"description":"Guest author Jeffrey Rivas has meticulously crafted and revised this article to the best of their knowledge and understanding. Readers are strongly advised to exercise caution, verify information independently, and rely on their own judgment when considering the information provided. Read more articles on Namso Gen here."}]}},"_links":{"self":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/187091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/users\/48"}],"replies":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/comments?post=187091"}],"version-history":[{"count":0,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/posts\/187091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media\/107420"}],"wp:attachment":[{"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/media?parent=187091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/categories?post=187091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/namso-gen.co\/blog\/wp-json\/wp\/v2\/tags?post=187091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}