H.R.7278: Retirement Fairness and Emergency Relief Act of 2008

About This Bill

  • Introduced Nov. 19, 2008
  • Latest Major Action Nov. 19, 2008

Bill Summary

Retirement Fairness and Emergency Relief Act of 2008 - Suspends for calendar 2008 and 2009 the beginning date for required distributions from certain individual retirement (IRA) plans. Waives the 10% additional tax (penalty) under the Internal Revenue Code for early distributions from qualified retirement plans in the case of a qualified financial hardship distribution to an individual during calendar 2008-2009 of up to $15,000 per taxable...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Nov. 19, 2008

Introduced in the House by C.A. Dutch Ruppersberger (D-Md.)

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