zakat on retirement savings funds (IRA etc.)

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Assalamu alaikum:

I am checking the zakat rule for the retirement savings fund that is available at the age of 59.5 in the USA. Should the retirement fund be subject to zakat now or later at retirement?

sarkar@ait.fredonia.edu

-- Amin (sarkar@ait.fredonia.edu), March 12, 2000

Answers

Bro/Sis,

AsalamAlaikum! Did you get an answer to the above question (re: zakat on retirement funds?)

Please let me know your findings.

Thnx

-- Sajjad Hashimi (sajjadhashimi@yahoo.com), November 03, 2003.


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