This is a free copy of the July/August 2014 issue of The Kitces Report on "Understanding The Longevity Annuity And Its Potential Role In Retirement Income".
For further reading on this topic, see "Why A QLAC In An IRA Is A Terrible Way To Defer The Required Minimum Distribution (RMD) Obligation" and "Why The New Qualified Longevity Annuity Contract (QLAC) Regulations Don’t Mean Much For Retirement Income… Yet?"