Tag: QPSA

Qualified Pre-Retirement Survivor Annuity (QSPA)

Qualified Pre-Retirement Survivor Annuity (QPSA) is basically an insurance that pays if you die before you begin receiving your retirement benefit. The Plan automatically provides a pre-retirement benefit for your spouse as long as you are vested, have been married at least one year at the time of your death, and you have not waived…