Posts Tagged ‘stimulus’

Some IRA Distributions Allowed Under Stimulus Plan

Posted on: May 1st, 2008 by Kenneth Long No Comments

On April 30, the Internal Revenue Service announced that taxpayers who had their stimulus payments deposited into any account that has favorable tax treatment may withdraw the funds without penalty. Announcement 2008-68 by the IRS details the special allowance that the IRS has made regarding stimulus direct deposits. (more…)

Click to Advertise here