Values of All qualified accounts have been reduced due to Market conditions

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L1: Values of All qualified accounts have been reduced due to Market conditionsPres Bush signed the Worker, Retiree, and Employer Recovery act so that retirees could recoup losses. As we know, retirees 70 1/2 can elect not to take any RMD’s for 2009 (only). For individuals on the 72t program, who also lost (and actually still loosing) due to market conditions, must continue to draw on their qualified fund accounts. Is there a possibilityforpeople currently taking72twithdrawalsalso be able to suspend their distributions?2009-02-19 23:38, By: Cindy, IP: [75.101.22.34]
L2: Values of All qualified accounts have been reduced due to Market conditionsShort answer… No.You can take advantage of the one time change to the MD method to reduce thedistributions, but once selected it is continued to the end of the plan.2009-02-20 00:03, By: Gfw, IP: [216.80.125.206]