Read excerpt below:

November 19, 2008
By Tom Herman
The Wall Street Journal

Amid growing concern over the stock market's severe drop, government officials are considering last-minute relief from rules requiring millions of Americans who are 701/2 or older to withdraw money from their retirement accounts.

Among the possible changes: allowing taxpayers to delay taking required withdrawals from their individual retirement accounts, 401(k) plans and other similar accounts this year -- or at least reducing the amount that must be withdrawn. Also under consideration are various ways to provide tax relief for people who already have made their required withdrawals for this year.

Read entire article: http://online.wsj.com/article/SB122705736367039573.html?mod=googlenews_wsj