Xxxxxxxxxx Longevity Annuity Contracts and RMDs. A qualifying longevity annuity contract (QLAC) is a deferred annuity contract that, among other requirements, must guarantee lifetime income starting no later than age 85. The total premiums paid to QLACs in your IRAs must not exceed 25 percent (up to $125,000) of the combined value of your IRAs (excluding Xxxx IRAs). The $125,000 limit is subject to cost-of-living adjustments each year.
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Xxxxxxxxxx Longevity Annuity Contracts and RMDs. A qualifying longevity annuity annu- ity contract (QLAC) is a deferred annuity contract that, among other requirements, must guarantee lifetime income starting no later than age 85. The total premiums paid to QLACs in your IRAs must not exceed 25 percent (up to $125,000) of the combined com- bined value of your IRAs (excluding Xxxx IRAs). The $125,000 limit is subject to cost-cost- of-living adjustments each year.
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Samples: Traditional Ira Plan Agreement
Xxxxxxxxxx Longevity Annuity Contracts and RMDs. A qualifying longevity annuity contract (QLAC) is a deferred annuity contract that, among other requirements, must guarantee lifetime income starting no later than age 85. The total premiums paid to QLACs in your IRAs must not exceed 25 percent (up to $125,000) of the combined value of your IRAs (excluding Xxxx IRAs). The $125,000 limit is subject to cost-of-living cost‐of‐living adjustments each year.
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Samples: Simple Ira Plan Agreement
Xxxxxxxxxx Longevity Annuity Contracts and RMDs. A qualifying longevity annuity contract (QLAC) is a deferred annuity contract that, among other requirements, must guarantee lifetime income starting no later than age 85. The total premiums paid to QLACs in When calculating your IRAs must not exceed 25 percent (up to $125,000) of RMD, you may reduce the combined prior year end account value by the value of QLACs that your IRAs (excluding Xxxx IRAs)SIMPLE IRA holds as investments. The $125,000 limit is subject For more information on QLACs, you may wish to cost-of-living adjustments each yearrefer to the IRS website at xxx.xxx.xxx.
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Xxxxxxxxxx Longevity Annuity Contracts and RMDs. A qualifying longevity annuity contract (QLAC) is a deferred annuity contract that, among other requirements, must guarantee lifetime income starting no later than age 85. The total premiums paid to QLACs in When calculating your IRAs must not exceed 25 percent (up to $125,000) of RMD, you may reduce the combined prior year end account value by the value of QLACs that your IRAs (excluding Xxxx IRAs)IRA holds as investments. The $125,000 limit is subject For more information on QLACs, you may wish to cost-of-living adjustments each yearrefer to the IRS website at xxx.xxx.xxx.
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