Posted on December 24, 2008 by Greg Herman-Giddens

Bush Signs Worker, Retiree and Employer Recover Act of 2008

This morning President Bush signed H.R. 7327, the “Worker, Retiree and Employer Recovery Act of 2008” (WRERA). The law suspends Required Minimum Distribution (from IRAs and qualified plans) requirements for 2009 and requires employers to offer non-spousal rollovers from qualified plans to inherited IRAs beginning January 1, 2010.

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