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H.R. 3390

BillFederalHouseIn Committee
Retirement Account Freedom Act of 2009
About This Bill
Committee
Latest Action · July 29, 2009
Referred to the House Committee on Ways and Means.
Congress
111th (2009–2011)
Introduced
July 29, 2009
Cosponsors (0)
None
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Summary

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Retirement Account Freedom Act of 2009 - Amends the Internal Revenue Code to waive the 10% penalty for premature distributions from certain tax-exempt retirement plans during any period that the national rate of unemployment is at least 7%. Limits such waiver to distributions not exceeding 10% of the aggregate account balances of such plans.

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