H/AREA Home Page Editor James Himich, Jr. advises that The U.S. Congress has revised the Retirement-Fund Rules for Year 2009.
President G.W. Bush signed this change into law last month (December '09).
The idea is to give IRA’s that have seen their stock values go down because of the brutal bear market time to rebound.
The new law suspends required distributions for the Year 2009.
The reader can get further information on this topic from an article that appeared in The WSJ Sunday 01/04/09.
Click on the following Link.
WSJ Sunday
The Reader will have a selection of free articles to explore.
Note: WSJ Sunday Articles are changed each week.
Go to the Sunday Journal Archives Box and Enter:
01/04/09 Congress Revises IRA Rules. Click on the Link when it appears to read the Article.