QLACs Mark First Year in Traditional IRAs: Retirement Scan.

The article presents updates on retirement planning and qualified longevity annuity contracts (QLAC) in the U.S. as of July 2015. Topics discussed include the reception of QLAC within traditional individual retirement accounts (IRA), plans of lawmakers to address loopholes in laws and government regulations regarding retirement, and the interest of millennials in investing in annuity products according to the Indexed Annuity Leadership Council.