We’re getting closer to having an IRA giving option again.
The House Ways and Means Committee actually voted yesterday to permanently extend the IRA Rollover! (click here to read more about this as well as some other cool potential legislation they passed – no reason to comment yet on the rest as the likelihood of actual enactment seems too slim)
Don’t get too excited though. The Senate is doing something completely different with tax extenders this year, which makes us wonder how and when it will all turn out (check out this article for a more indepth discussion).
We’ll see by the end of the year or even next year what happens on this. Stay tuned.