Interesting Bill Proposed

Some of you may find this interesting.

Take a look at PROP-LEG, HR 2814, Reinvest in America’s Retirement Act of 2009

H. R. 2814

To immediately repeal the income limitation on conversions to Roth IRAs.

SEC. 2. IMMEDIATE REPEAL OF INCOME LIMITATION ON CONVERSIONS TO ROTH IRAS.

(a) In General- Subsection (c) of section 512 of the Tax Increase Prevention and Reconciliation Act of 2005 is amended by striking `December 31, 2009′ and inserting `December 31, 2008′.

Something to keep an eye on. If anyone has extended information or thoughts feel free to respond.

-J



Add new comment

Log in or register to post comments