Number | 22-07 |
---|---|
Resolution Title | Tax Penalties Waiver |
Resolution Description (Short) | Calls to allow Guard and Reserve members on military deployment to qualify for a waiver of the 60-day rollover requirement. |
Proposal Type | New |
State/Territory Chapter Submitting (Primary Sponsor) | SD |
Recommendation | The Enlisted Association of the National Guard of the United States urges Congress to update IRS Revenue Procedure 2016-47 to allow Guard and Reserve members on military deployment to qualify for a waiver of the 60-day rollover requirement of a qualified retirement plan. |
Primary Resolution Category | Compensation and Benefits |
Submission Date | 4/22/22 |
Committee Status | 1 |
Date of Committee Recommendation | 8/9/22 |
Adoption Status | 1 |
Date of Adoption | 8/10/22 |
Resolution Status | Active |