Common use of HEARTLAND DISASTER RELATED TAX RELIEF Clause in Contracts

HEARTLAND DISASTER RELATED TAX RELIEF. If you are an individual who has sustained an economic loss due to, or are otherwise considered affected by, the severe storms, tornadoes, and flooding that occurred in the Midwestern disaster area, you may be eligible for favorable tax treatment on distributions and rollovers from your Xxxx XXX. Qualified disaster recovery assistance distributions include Xxxx XXX distributions made on or after specified dates for each disaster, and before January 1, 2010, to a qualified individual. You may be eligible to recontribute those distributions if done within three years of the distribution. For more information on this tax relief, refer to IRS Publication 4492-B, Information for Affected Taxpayers in the Midwestern Disaster Area.

Appears in 2 contracts

Samples: 4kmc.com, 4kmc.com

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HEARTLAND DISASTER RELATED TAX RELIEF. If you are an individual who has sustained an economic loss due to, or are otherwise considered affected by, the severe storms, tornadoes, and flooding that occurred in the Midwestern disaster area, you may be eligible for favorable tax treatment on distributions and rollovers from your Xxxx XXX. Qualified disaster recovery assistance distributions include Xxxx XXX distributions made on or after specified dates for each disaster, and before January 1, 2010, to a qualified individual. You may be eligible to recontribute those these distributions if done within three years of the distribution. For more information on this tax relief, refer to IRS Publication 4492-B, Information for Affected Taxpayers in the Midwestern Disaster Area.

Appears in 1 contract

Samples: 4kmc.com

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HEARTLAND DISASTER RELATED TAX RELIEF. If you are an individual who has sustained an economic loss due to, or are otherwise considered affected by, the severe storms, tornadoes, and flooding that occurred in the Midwestern disaster area, you may be eligible for favorable tax treatment on distributions and rollovers from your Xxxx XXXIRA. Qualified disaster recovery assistance distributions include Xxxx XXX IRA distributions made on or after specified dates for each disaster, and before January 1, 2010, to a qualified individual. You may be eligible to recontribute those these distributions if done within three years of the distribution. For more information on this tax relief, refer to IRS Publication 4492-B, Information for Affected Taxpayers in the Midwestern Disaster Area.

Appears in 1 contract

Samples: 4kmc.com

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