[9115]
August 4, 1997
TO: OPERATIONS MEMBERS No. 14-97
PENSION MEMBERS No. 29-97
PENSION OPERATIONS ADVISORY COMMITTEE No. 24-97
PRIMARY CONTACTS - MEMBER COMPLEX No. 50-97
TAX MEMBERS No. 28-97
TRANSFER AGENT ADVISORY COMMITTEE No. 37-97
RE: MARK YOUR CALENDAR -- SEPTEMBER 22 CONFERENCE ON TAX/PENSION
BILL
______________________________________________________________________________
On September 22, the Institute will sponsor a special one day conference on the
numerous tax and saving provisions relevant to investment professionals that are included in
the Taxpayer Relief Act of 1997, approved last week by Congress. The conference, which will
be held at the Renaissance Washington DC Hotel, 999 Ninth Street, NW, will begin at 9:30 a.m.,
include lunch and end at 4:30 p.m. Among the topics to be covered will be:
1. Tax Issues
Capital gains reform
Procedures for claiming foreign tax credits
Constructive sales of appreciated financial positions
Restrictions on contributions to "swap funds"
Repeal of the 30 percent test
2. IRA Provisions
New back-end "Roth IRA" accounts
New Education IRA
Deductible IRA reform
New spousal eligibility rules for IRAs
Early withdrawal rules
3. Other Retirement Saving Provisions
Repeal of the Section 4980A excess distribution tax
SIMPLE plan changes
Rules on employer stock in plans
Please mark your calendar and plan to attend this special one day event on September 22. A
preliminary brochure with registration information will be mailed shortly.
Keith D. Lawson Russell G. Galer
Associate Counsel - Tax Assistant Counsel - Pension