Interested persons must receive notice that an application for an advance determination will be filed regarding whether a 403(b) plan meets the requirements of Internal Revenue Code Section 403(b).
An interested person for purposes of this requirement:
- 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; or
- 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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