Posts Tagged ‘ H.R. 2748 ’

There is a new bill in the House and if it gets passed there will be good news to some. The passing of the bill would mean that you could get a tax break by turning some of your savings from retirement into a lifetime annuity. The Retirement Security Needs Lifetime Pay Act (H.R....
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The House has proposed that retirees be eligible to receive part of their retirement savings in a guaranteed life time income account. Retirement groups have hailed this House decision. The bill, H.R. 2748, called the Retirement Security Needs for Life Act, was introduced by Reps. Earl Pomeroy, D-N.D. and Ginny Brown-White, R-Fla. Part of...
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