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AICPA Wants Congress to Include Disaster Relief in Retirement Bill

AICPA Wants Congress to Include Disaster Relief in Retirement Bill
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Lawmakers Introduce Legislation Regarding Retirement Account Withdrawals for Natural Disasters

The bipartisan bill automatically triggers tax relief if the president issues a federal disaster declaration.

Bipartisan Disaster Retirement Savings Act Introduced

Legislation supported by the American Retirement Association that would make permanent retirement plan tax relief measures following a presidentially declared disaster was introduced Dec. 9. 

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