A masterâs degree is the first level of graduate study. To apply for a master degree you usually must already hold an undergraduate degree (a bachelorâs degree). A masterâs degree typically requires a year and one-half to two years of full-time study.
The Securities Investor Protection Corporation (SIPC) is a nonprofit organization that protects stocks, bonds, and other securities in case a brokerage firm goes bankrupt and assets are missing. The SIPC will cover up to $500,000 in securities, including a $250,000 limit for cash held in a brokerage account.
QLACs have a premium limitation of 25% of your total IRA assets or $125,000, whichever is less. For example, a total IRA amount of $500,000 would be allowed to buy a $125,000 QLAC and defer that amount for future income.