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A bill intende by Congress to allow more of your heirs to inherit tax free money from your 401K accounts has been interperted contrary to Congressional intentions. A spouse is still protected but not any other family member.
There is a report on the Fox News Web site this morning, 02/04/07, for those interested.
Just an old codger irritating other old codgers.
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quote:
Originally posted by Quarrles:
A bill intende by Congress to allow more of your heirs to inherit tax free money from your 401K accounts has been interperted contrary to Congressional intentions. A spouse is still protected but not any other family member.
There is a report on the Fox News Web site this morning, 02/04/07, for those interested.


Thanks Quarrels... I will have to check on that one!!!!!
quote:
Originally posted by Quarrles:
A bill intende by Congress to allow more of your heirs to inherit tax free money from your 401K accounts has been interperted contrary to Congressional intentions. A spouse is still protected but not any other family member.
There is a report on the Fox News Web site this morning, 02/04/07, for those interested.


Who trust Fox news for news? its right wing propaganda!
quote:
Originally posted by Quarrles:
Well where one is found there is sure to be another, THEY INTERBREED.


Quarrles, right. Does that apply to God as well? Or just churches, mosques, temples, congregations, synagogs, and chapels. They seem to pop up like mushrooms.

By the way, I've been trying to find that report, and have been unable to so far. It alarms me that the super rich (the only people affected by current inheritance taxes) get so much sympathy from us common folk.

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