There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/07/2009)

Individual Recovery Assistance Act of 2009 - Amends the Internal Revenue Code to: (1) suspend for a one-year period the penalty on premature distributions from tax-exempt pension plans for mortgage payments or as unemployment compensation; and (2) increase from 70-1/2 to 75 the age at which a taxpayer must take taxable distributions from their pension plans.