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Kiplinger
Kiplinger
Business
Jerry Golden, Investment Adviser Representative

What the HECM? Combine It With a QLAC and See What Happens

QLAC HECM Sally IRA Go2Income SEC
Rolls of cash sits on one end of a balance scale and a house on the other. .

In a recent article about QLACs, we said, “A QLAC doesn’t make your retirement. It makes it better.”

We offered up several ideas about using a QLAC as part of your plan for retirement income. One was to use a portion of QLAC lifetime payments to pay interest on a reverse mortgage called a HECM, resulting in a combination called HomeEquity2Income, or H2I.

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