H.R. 7327 contained a provision that would suspend for one year the requirement that retirees over 70½ years of age withdrawal a certain minimum dollar amount from their retirement accounts. This figure is based on the value of a retirement plan's past value. With the large decrease in value most people have recently seen many retirees would be forced to withdrawal funds from their account based on a value that no longer exists.  

"During these tough economic times, retirees should not be forced to withdrawal additional money from their accounts based on inaccurate calculations," said Congresswoman Shea-Porter. "I am proud that the House was able to address this issue by unanimous consent and provide some necessary relief to our retirees. I urge the Senate and the President to act swiftly and ensure that this legislation is signed into law."