HOUSE_OVERSIGHT_029341.jpg

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Extraction Summary

1
People
3
Organizations
0
Locations
0
Events
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Relationships
2
Quotes

Document Information

Type: News article / webpage printout
File Size: 702 KB
Summary

A printout of the second page of a MarketWatch article dated April 29, 2013, discussing proposed changes to estate taxes and Individual Retirement Accounts (IRAs). The text outlines a budget proposal requiring beneficiaries to cash out inherited IRAs within five years and mentions estate planning strategies involving trusts. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a production of documents for a congressional investigation.

People (1)

Name Role Context
Greene Source/Expert
Mentioned in the article noting that older adults are considering moving accounts into trusts.

Organizations (3)

Name Type Context
MarketWatch
Website hosting the article.
Dow Jones & Company, Inc.
Listed in copyright footer.
House Oversight Committee
Implied by Bates stamp 'HOUSE_OVERSIGHT'.

Key Quotes (2)

"Individual retirement accounts could get emptied faster."
Source
HOUSE_OVERSIGHT_029341.jpg
Quote #1
"The budget proposal would require most beneficiaries – other than widows and widowers – to cash out the accounts within five years."
Source
HOUSE_OVERSIGHT_029341.jpg
Quote #2

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