Deadline Extended for Returning Required Mininum Distributions
October 26, 2009 by Mr. GoTo
Filed under 401(k) Plans, IRA's
Most retirees know by now that in the Worker, Retiree, and Employer Recovery Act of 2008, Congress waived required minimum distributions in 2009 from IRAs, 401(k) accounts, and certain other retirement plans. The intended benefit was to prevent retirees from being forced to sell invested assets during a severe market decline. Read more
