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March 3, 2009

Congressional Report: Individual Retirement Accounts and 401(k) Plans: Early Withdrawals and Required Distributions

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October 2008: Individual Retirement Accounts and 401(k) Plans: Early Withdrawals and Required Distributions  By Patrick Purcell – Specialist in Income Security – Domestic Social Policy Division

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Annual Benefit Limit

Definition The annual benefit limit for defined benefit plans is the lesser of: A) 100% of the participant’s average compensation for his or her highest

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 The Retirement Dictionary was created to provide IRAs and employer retirement plan information in an easy-to-understand manner for individuals at all levels of expertise and to help educate everyone about how retirement plans work.

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