Qualified Longevity Annuity Contracts - 0.2 Nano CPE

Longevity Risk Is Real — and RMDs Don’t Always Help.

As clients live longer, required minimum distributions (RMDs) can force taxable income long before it’s actually needed. Qualified Longevity Annuity Contracts (QLACs) offer a unique planning tool that can defer income, reduce RMD exposure, and provide guaranteed income later in life — when it may matter most.

This course gives you a clear, practical understanding of how QLACs work and when they make sense as part of a retirement planning strategy.

Learning Objective

Identify how QLACs work and evaluate when they can be used to reduce RMD-related taxable income while providing late-life guaranteed income.

Course Description

This 11-minute nano-learning course explains how Qualified Longevity Annuity Contracts (QLACs) can be used in eligible retirement accounts to manage longevity risk and reduce required minimum distributions (RMDs). Participants learn key rules, funding limits, tax impacts, and practical tradeoffs for advising clients.

Who This Is For

Tax and accounting professionals advising clients on retirement income planning, RMD strategies, and tax-efficient use of retirement accounts.

Why It Matters

RMDs can push clients into higher tax brackets and force distributions before income is truly needed. QLACs offer a way to defer part of that income while creating guaranteed cash flow later in life. Advisors who understand the rules and limitations can help clients balance tax efficiency, longevity risk, and retirement security.

Author / Instructor

Lee T. Reams, Sr., EA
Lee T. Reams, Sr., EA is an owner and Editor-in-Chief of CountingWorks and a nationally recognized tax educator. He has spent decades educating tax professionals on complex tax law, compliance, and practice management topics.

Course Details

This course qualifies for NASBA continuing professional education credit. CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Add a Powerful Tool to Retirement Planning Conversations

Start Qualified Longevity Annuity Contracts and learn how QLACs can help manage longevity risk, reduce RMD exposure, and support more tax-efficient retirement income strategies.