HR 2756 · 112th Congress · Taxation
Individual Recovery Assistance Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-08-01)
Plain Language Summary
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Individual Recovery Assistance Act of 2011 - Amends the Internal Revenue Code to: (1) suspend for a one-year period the penalty on premature distributions from tax-exempt pension plans for mortgage payments or as unemployment compensation, and (2) increase from 70-1/2 to 75 the age at which taxpayers must begin taking taxable distributions from their pension plans.…
Summarized by Claude AI · Non-partisan · For informational purposes only