H.R. 4279 · 112th Congress

Veteran Self Relief Act of 2012

Stage
In committee
Sponsor
Todd Young
Introduced
2012-03-28
Latest action
2012-03-28 · Introduced in House

Summary

Veteran Self Relief Act of 2012 - Amends the Internal Revenue Code to allow an unemployed veteran to withdraw amounts from an individual retirement account (IRA) or thrift savings account without incurring the 10% penalty for premature distributions from pension plans if such veteran has received unemployment compensation for 12 consecutive weeks during a 1-year uninterrupted period of unemployment beginning on the date of such veteran's discharge or release from active duty.