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Can a QLAC purchaser receive more than the premium paid?

A QLAC buyer will receive annuity payments until he or she dies, no matter who long her or she lives.

Because there is no “cap” on the QLAC life annuity,   the lifetime annuity payments can total well in excess of the premium paid.   This is one of the most attractive features of a QLAC investment – helping to assure owners don’t outlive their retirement assets.

Ron Ryan

Ron Ryan is the author of this solution

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Updated on Sun, 13 Aug 2017

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