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Linda Jenkins O'Rourke CPA, PACertified Public Accountant |
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N-2009-09 |
Notice 2009-09 provides guidance to financial institutions on the reporting rules applicable to required minimum distributions (“RMDs”) for 2009 in light of the enactment of the Worker, Retiree, and Employer Recovery Act of 2008, P.L. 110-458 (the Act). Section 201 of the Act waives any RMDs for 2009 from individual retirement arrangements (IRAs) and retirement plans that hold participant benefits in individual accounts. This notice modifies the reporting requirements applicable to RMDs from IRAs to reflect the waiver of the RMD rules for 2009.
Notice 2009-09 will be in IRB 2009-5, dated February 2, 2009.
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