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RSS FeedsHouse bill will allow hurricane victims to dip into retirement money without penalty
(WorldNews Politics)

 
 

23 september 2017 21:56:38

 
House bill will allow hurricane victims to dip into retirement money without penalty
(WorldNews Politics)
 


WASHINGTON  — The head of the House`s tax-writing committee is putting forward legislation to give temporary tax relief to victims of hurricanes Harvey, Irma and Maria.The bill proposed Friday by Rep. Kevin Brady, R-Texas, chairman of the House Ways and Means Committee, would ease requirements for deducting individual property losses and allow people to draw on their retirement funds without penalty. The legislation also seeks to encourage people around the United States [...] ......


 
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