Regional news: 
Retirees get a small reprieve in 2009; they do not have to withdraw from retirement accounts
Posted: December 29, 2008
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President Bush gave seniors a bit of a break by signing a law that states they do not have to make withdrawals from their retirement accounts in 2009, based on the fact that many of those accounts have lost significant value recently.
However, that does NOT mean withdrawals can be avoided for 2008; withdrawals must be made by Dec. 31 from their 401(k), IRA and 403(b) accounts.
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