Tax
Apr. 2, 2002
New Tax Law Provides Opportunity for Greater Savings in Retirement Plans
Focus Column - By Lawrence I. Davidson and Elliott Raff - On June 7, 2001, President Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001. This new law makes significant changes to qualified retirement plans, IRAs and other voluntary retirement vehicles. Many of these changes promote retirement savings, for instance by increasing contribution and benefit levels, expanding portability of pension benefits and simplifying plan administration.
By Lawrence I. Davidson and Elliott Raff
On June 7, 2001, President Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001. This new law makes significant changes to qualified retirement plans, IRAs and other volunta...
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