New law allows seniors to delay tapping retirement funds
Some retirees will be granted a bit of a reprieve in 2009 by a bill signed into law last week by President Bush.
During the coming year, seniors age 70½ or older won't be forced to withdraw the required portion of their investment portfolio from 401(k)s or conventional Individual Retirement Accounts as they have in the past.
Are you a newspaper subscriber but you don't have a Digital Access account yet? https://secure.forumcomm.com/?publisher_ID=40&event=subscriber/lookup.
You will need your subscription account number and phone number. Not sure if you have an account? Email us at email@example.com and we can help you.