Reid opts to remove stretch IRA provision from Senate bill

02/23/2012 | AdvisorOne · Financial-Planning.com

Senate Majority Leader Harry Reid, D-Nev., has removed a provision within a Senate highway bill that would have reduced the value of stretch IRAs. Reid replaced the stretch IRA provision with a "Pension Funding Stabilization" provision that details how defined-benefit-plan liabilities will be determined.

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AdvisorOne · Financial-Planning.com

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