On June 17, 2008, President Bush signed into law the Heroes Earnings Assistance and Relief Tax Act of 2008 (the ?HEART Act?). The HEART Act provides tax relief and other benefits to members of the armed forces who are called to active military duty. Under the Act, retirement plans must provide certain survivor benefits to participants who die while serving in active military duty and make plan contributions for ?differential pay.? The Act also modifies the tax treatment of certain deferred compensation items.

For more information, please read full article.