Radio guest explains RMD waiver for 2009

WASHINGTON (3/27/09)--Retirees taking a required minimum distribution (RMD) from tax-deferred retirement plans get a break for 2009--if they want it, and only if they proactively request it. CUNA Mutual Group's compliance manager explains the benefits as well as the rules for requesting an RMD suspension on Sunday's H&FF Radio show.

Home & Family Finance airs Sundays at 3 p.m. EDT on the Radio America Network. The show also is carried on American Forces Radio Network. The one-hour program devoted to consumer finance issues is brought to you by America's credit unions and their 90 million members, and is presented by CO-OP Network.

The Credit Union National Association (CUNA) and Radio America are podcasting Home & Family Finance through iTunes, Podcast Alley, Odeo, and other popular podcast library sites, as well as on Radio America and CUNA's websites.

Sunday's show, which you also can hear later via the Internet, features Paul Berry, Washington, D.C., journalist and broadcaster, discussing these topics with special guests:

"Landscape Your Home to Save Energy and Money," with Michael Weishan, former host of America's oldest and most popular gardening TV show, PBS's Victory Garden, Southborough, Mass.;

"Check Your Car's History Before You Buy," with Maxine Sweet, vice president of public education, Experian, Allen, Texas;

"2009 Required Minimum Distribution Waiver--What It Is and Why You Should Care?" with Dennis Zuehlke, compliance manager, CUNA Mutual Group, Madison, Wis.; and

Your Questions Answered: Co-signing for a loan; routine vehicle expenses; appealing property tax assessments.

Home & Family Finance is a resource center for personal finance information at CUNA. The radio show is sponsored by CO-OP Network, the national credit union ATM network; Cabot Creamery Cooperative, maker of award-winning cheddar; Western Corporate FCU (WesCorp) and its member credit unions; and the Defense Credit Union Council and member credit unions, serving those who serve the country worldwide.

For more information, read "Nest Egg Withdrawal Rules Change--But Only for 2009" in Home & Family Finance Resource Center.

courtesy of cuna.org