RMD Relief for 2009 Included in Proposal
See attached. Note that this will not affect 2008 RMDs if passed:
http://kennedy.senate.gov/newsroom/press_release.cfm?id=0AF528EC-A81C-41…
See attached. Note that this will not affect 2008 RMDs if passed:
http://kennedy.senate.gov/newsroom/press_release.cfm?id=0AF528EC-A81C-41…
Permalink Submitted by Al Fry on Fri, 2008-11-21 16:43
Congress Postpones Vote on Pension Relief Package
Issue: Pension Relief
Date: November 20, 2008
Action Taken: On November 20, the lame duck 110th Congress left Washington without voting on a pending pension relief package that provides a waiver of minimum required distribution (MRD) rules for 2009, and allows some limited pension plan funding relief. Congressional leadership left open the possibility of calling the lawmakers of the 110th Congress back into session in the middle of December (to deal with whether to lend the struggling auto manufacturers some $25 billion.) If that happens, there’s a reasonably good chance lawmakers will deal with the pension relief package at that time.