Annuities: The Oldest Retirement Plan

In July 2014, the U.S. government created Qualified Longevity Annuity Contracts (QLACs) to mitigate required minimum distributions (RMDs) at age 70½ by deferring a portion of qualified-plan income to age 85. Now, guaranteed income annuities are part of many retirement plans. With me today to talk about annuities is Tom Hegna, best-selling author with two retirement books entitled, Don’t Worry, Retire Happy and Paychecks and Playchecks. Tom also recently hosted the PBS Special, “Don’t Worry, Retire Happy.” Watch the video interview with Tom Hegna.

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