ABA Retirement Funds, promoted by the American Bar Association to provide retirement accounts for its members, does not qualify for exemption as a business league under Section 501(c)(6) of the Tax Code, the federal District Court in Chicago has held. It has denied a claim for refund of nearly $500,000 in federal income taxes paid for the years 2000-2002. The ABA originally incorporated the American Bar Retirement Association (“ABRA”) in 1963. The voting members of the Association were those individuals who served as the board of governors of the ABA. They elected directors who appointed officers and named the trustee of the retirement plans. Its plans were available to the general public...