ACKERMAN
v.
CITIBANK (ARIZONA)

U.S. | 1993-01-21
No. 92-61
506 U.S. 1088 Supreme Court of the United States (1993) Positive Treatment
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  • …f Appeals for the Seventh Circuit reversed the District Court, 3 F. 3d 994 (1993). Because the Seventh Circuit’s decision conflicts with a holding of the Third Circuit, Huber v. Casablanca Industries, Inc., 916 F. 2d 85, 95-100 (1990), cert. dism’d, 506 U. S. 1088 (1993), this Court granted certiorari, 512 U. S. 1234 (1994). Our conclusion, like that of the Seventh Circuit, is that, for purposes of computation, interest does not start accruing until the beginning of the plan year after withdrawal. II At fir…

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