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- H.R.3390
H.R.3390: Retirement Account Freedom Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced July 29, 2009
- Latest Major Action July 29, 2009
Bill Sponsor
Bill Summary
Retirement Account Freedom Act of 2009 - Amends the Internal Revenue Code to waive the 10% penalty for premature distributions from certain tax-exempt retirement plans during any period that the national rate of unemployment is at least 7%. Limits such waiver to distributions not exceeding 10% of the aggregate account balances of such plans.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| July 29, 2009 |
Introduced in the House by Peter Hoekstra (R-Mich.) |