QLAC vs. 401k

August 25, 2018

Jim and Chris answer a question from a listener who did a backdoor Roth contribution but got caught by the pro rata rule. The listener wanted to know if it was advisable to rollover a Traditional IRA into an existing 401k or a Qualified Longevity Annuity Contract (QLAC).

Jim and Chris also speak with Rachel Hanson of Senior Life Solutions regarding finding assistance for seniors. They discuss what to look for in a service and what questions to ask.

Check out the background of firms and investment professionals on FINRA’s BrokerCheck.

Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

Jim Saulnier, Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC to residents of: CO, IA, IN, MA, NY, TN, TX, WI and WY. No offers may be made to or accepted from any resident outside the specific states mentioned. Jim Saulnier, Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Financial Planning services offered through Jim Saulnier and Associates, LLC., a Registered Investment Advisor. Cambridge and Jim Saulnier & Associates, LLC are not affiliated.