The House and Senate have passed the pension technical corrections bill, H.R. 7327, the Worker, Retiree, and Employer Recovery Act of 2008. President Bush is expected to sign the bill. Among other provisions, the bill suspends the 50% excise tax assessed on seniors who fail to take a required minimum distribution in 2009 from their retirement accounts, eases funding requirements for employer-sponsored pension plans, and includes temporary funding relief for multiemployer plans.
4 responses to “Congress Eases Pension Funding, Distribution Rules in Light of Stock Market Crash”
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
Required distribution relief: thanks for not much.
Congress has passed a bill (HR 7327) that eases the required minimum distribution amounts from IRAs and defined contribution plans…
You state that President Bush is expected to sign the bill. Has he made a statement to that effect?