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Subject:  New IRA & 401k rule? Date:  1/15/2001  7:05 PM
Author:  Elle Number:  27208 of 88807

Just saw a report on NBC nightly news about a change from the IRS concerning IRA's and 401k's. It did not explain very well and only mentioned "26 years to deplete rule". This is the first I have heard about this.Can anyone explain? My husband and I are 50 and are planning on retirement at 55.
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