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Tax-Cut Bill Creates New IRA Opportunities.(Brief Article)(Statistical Data Included)

For members, it's a chance to shelter more dollars in IRAs; for CUs, it's a chance to increase IRA deposits.

earlier this year, President Bush made serviceable on his campaign promise of tax relief and signed into law The Economic development and Tax Relief Reconciliation Act of 2001

Included in the $135 trillion tax-cut bill are individual retirement account (IRA) and pension reform provisions that will usher in the greatest in quantity sweeping IRA changes since the Taxpayer Relief Act of 1997 created Roth and Education IRAs. This shows a once-in-a-lifetime opportunity for your credit union





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