QLAC Rules and Uses: EDU #2547
The Retirement and IRA Show
Jim Saulnier, CFP® & Chris Stein, CFP®
4.3 • 730 Ratings
🗓️ 19 November 2025
⏱️ 92 minutes
🧾️ Download transcript
Summary
If you would prefer to miss Jim’s update on his broken-down truck and recent travels you can skip ahead to (12:45).
Chris’s Summary
Jim and I walk through QLAC rules and explain how qualified longevity annuity contracts fit into our Secure Retirement Income Process
for people who want reliable income later in life. We look at how the Treasury Department designed QLACs after the 2008 market correction, how they work inside IRAs and employer plans, why mortality credits matter, and what Secure 2.0 changed for RMDs.
Jim’s “Pithy” Summary
Chris can’t hide his reaction when QLACs come up and one listener wondering why brings about today’s conversation. A QLAC is simply a very specific deferred income annuity the Treasury Department carved out after the 2008 market mess—its purpose was to let people secure future lifetime income inside IRAs and employer plans without RMD rules getting in the way.
I make the case that none of this is about chasing returns. It’s about recognizing that longevity insurance is a different tool entirely, one built around mortality credits and the power of deferring income to a later phase of life. We talk through how those credits work, how payout structures change when you share them or hold more back for beneficiaries, and why people get whipsawed by the industry: asset managers who never want assets to leave their books, and commission-driven annuity salespeople who try to turn everything into a product pitch.
A listener’s email raises a real-world concern—how to make sure the later years’ Minimum Dignity Floor is supported when a portfolio has had its ups and downs. QLACs come into the discussion as one answer to that problem, and I lay out who this kind of deferred lifetime income tends to help and the situations where people might consider using it inside their IRA.
The post QLAC Rules and Uses: EDU #2547 appeared first on The Retirement and IRA Show.
Transcript
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| 0:00.0 | The retirement and IRA show represents the words and views of the show hosts exclusively and should not be construed as investment legal or tax advice. All information is believed to be from reliable sources. However, we make no representation as to its completeness or accuracy. All economic and performance information is historical in nature and is not indicative of any future results. Any indices mentioned on the show are unmanaged and cannot be invested indirectly. Diversification and asset allocation strategies do not assure profit or protect against loss. |
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| 0:47.1 | This is the retirement and IRA show coming to you from beautiful Northern Colorado. |
| 0:52.7 | Join us as certified financial planner Jim Sonier, as well as Colorado State University Finance Instructor and Certified Financial |
| 0:55.1 | Planner Chris Stein teach you about IRAs, borrow-in-case, annuities, Social Security, pension |
| 1:01.4 | plans, and estate planning in a fun and enjoyable show. Whether you are listening live in Colorado |
| 1:07.2 | or streaming from their website or iTunes podcast, Jim and Chris want you to know that |
| 1:12.4 | they're available to help you plan for your retirement. Just visit their website at JimHelps.com. |
| 1:18.4 | That's Jim H-E-L-P-S dot com and click the Meet the Team button on the homepage. Now here's Jim |
| 1:25.7 | and Chris with today's show. |
| 1:35.2 | Hello and welcome to the Retirement and IRA show EDU edition for this week. |
| 1:47.8 | Normally at this point I would be telling you the topic of today's show, but all I got out of Jim was he's got a topic and I'm going to like it. So we're going to all learn together. The only thing I know that's going to happen is I'm going to ask him first about |
| 1:52.9 | if he got his truck fixed because I haven't heard the outcome of that. And you all have heard |
| 1:57.4 | that there's been an ongoing saga of his truck having some issue that was not resolved, at least as of last week. |
| 2:06.1 | Beyond that, I do not know what we're going to talk about. |
| 2:08.5 | So I'll invite Jim in to give us the truck update and then let us all know what he'd like to talk about today on this |
| 2:18.7 | fine edu show and that was quite the intro chris thank you very much sure i thought we'd |
| 2:24.9 | get right to the point because i'm as curious as everybody is is my truck everybody's waiting |
| 2:29.6 | to hear status of the uh well you kind of left it's open. You said it was... It is not fixed yet. |
| 2:36.0 | So Jim is not happy. |
... |
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