A 403(b) plan is very similar to a 401(k) in the tax advantages it offers for retirement savings, but for different groups of employees—public education organizations, some nonprofit employers (501(c)(3) organizations),cooperative hospital service organizations, and self-employed ministers.
In recent months, the Internal Revenue Service (IRS) has taken steps to tighten up the administrative requirements for these programs, in the process, not only bringing about a great deal of change for these plans, but also a greater need for involvement in plan administration by the plan sponsors—and a greater need for advisers to help them deal effectively in this new environment.
September 02, 2010
(b)lines Ask the Experts – Eligibility Requirement Restrictions for Dual Status Sponsors
(b)lines Ask the Experts – Eligibility Requirement Restrictions for Dual Status Sponsors
PS
editors@plansponsor.com
September 7, 2010 (PLANSPONSOR (b)lines ) – In an ERISA 403(b) plan, a plan may require a two-year service requirement for employer contributions provided the participant is 100% immediatel
August 31, 2010
Most Large 403(b)s Have not Filed Form 5500
Most Large 403(b)s Have not Filed Form 5500
August 31, 2010 (PLANSPONSOR.com) – An EAlert from the American Institute of Certified Plan Accountants (AICPA) says most large 403(b) plans have not yet filed their Form 5500.
Rebecca Moore
editors@plansponsor.com
Accordingly, most have not filed
August 31, 2010
Back to School with Your 403(b) Program
Back to School with Your 403(b) Program
PS
editors@plansponsor.com
August 31, 2010 (PLANSPONSOR (b)lines ) - As the new school year begins, educators are busy organizing their classrooms and lesson plans, but “Back to School” season is also a perfect time to educate 403(b) participants in all markets abo
August 31, 2010
(b)lines Ask the Experts – Requiring Transfer before Taking a Loan
(b)lines Ask the Experts – Requiring Transfer before Taking a Loan
PS
editors@plansponsor.com
August 31, 2010 (PLANSPONSOR (b)lines ) – A plan sponsor wishes to disallow participant loans from vendors that are no longer receiving contributions and amend its plan to require participants who wish to take a