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Subject:  Re: Understanding Retirement Account Limits Date:  8/9/2006  6:25 PM
Author:  feeonlyadvisor Number:  3860 of 5224

You should be glad to know that on August 3, 2006, the Senate approved--without change--the House version of the Pension Protection Act of 2006, sending the legislation on to President Bush for his signature.

The law ends the uncertainty by making permanent the IRA and pension provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), which had been scheduled to expire at the end of 2010.

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