Comments on: New Rules and Laws for 09 http://www.trustedexpertnetwork.com/new-rules-and-laws-for-09/ Trusted experts in finance, insurance, technology, and health. Sat, 19 May 2012 03:29:05 +0000 http://wordpress.org/?v=2.6.2 By: "slave http://www.trustedexpertnetwork.com/new-rules-and-laws-for-09/#comment-121618 "slave Tue, 24 Jan 2012 08:42:26 +0000 http://www.trustedexpertnetwork.com/?p=358#comment-121618 <strong>"male bondage...</strong> WHAT ARE GAY SEX TOYS:."... “male bondage…

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]]> By: Frank Butta http://www.trustedexpertnetwork.com/new-rules-and-laws-for-09/#comment-106 Frank Butta Sun, 18 Jan 2009 19:30:04 +0000 http://www.trustedexpertnetwork.com/?p=358#comment-106 I agree with the comment above. I'm a retiree and I'm over 70 and half. Why do I have to make withdrawals in 2009? I agree with the comment above.
I’m a retiree and I’m over 70 and half.
Why do I have to make withdrawals in 2009?

]]> By: Bill Abelow http://www.trustedexpertnetwork.com/new-rules-and-laws-for-09/#comment-96 Bill Abelow Mon, 12 Jan 2009 14:32:45 +0000 http://www.trustedexpertnetwork.com/?p=358#comment-96 The following quote from the article seems to say that pursuant to the new bill, people over age 70 stll need to make withdrawals: "Below see what the experts from Cadaret Grant as well as the IRS had to say on these new laws: "The required minimum distribution and pension relief bill allows retirees to avoid making withdrawals from 401(k)s, IRAs, and 403(b)s in 2009." HOWEVER, seniors over age 70 and a half need to take withdrawals this year by December 31 or face an excise tax of 50% of the amount that should have been withdrawn plus income tax." I'm confused: What am I reading incorrectly? The following quote from the article seems to say that pursuant to the new bill, people over age 70 stll need to make withdrawals:

“Below see what the experts from Cadaret Grant as well as the IRS had to say on these new laws:

“The required minimum distribution and pension relief bill allows retirees to avoid making withdrawals from 401(k)s, IRAs, and 403(b)s in 2009.” HOWEVER, seniors over age 70 and a half need to take withdrawals this year by December 31 or face an excise tax of 50% of the amount that should have been withdrawn plus income tax.”

I’m confused: What am I reading incorrectly?

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