403(b) Notice Requirements that Apply to Interested Persons
Interested persons must receive notice, in accordance with Section 20B of Revenue Procedure 2022-40, that an application for an advance determination will be filed regarding whether a403(b) plan meets the requirements of Internal Revenue Code Section 403(b).
What Is and Interested Person?
An interested person regarding a determination letter application of an ongoing 403(b) plan is any employee participating in the plan or eligible to participate in the plan.
An interested person regarding a determination letter application of a terminating 403(b) plan is any participant in the plan or any beneficiary eligible to receive or receiving benefits from the plan.
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