Insurers slow to introduce QLACs for 401(k) market
The retail audience has been a much more popular route for these longevity annuity products.
In the year and a half since the Treasury Department issued guidelines on qualified-longevity-annuity contracts, or QLACs, just over 10 insurers have developed such products.
However, aside from one insurer, MetLife Inc., all have launched QLACs for the retail-retirement rather than defined-contrib
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