Q. What does the IRS mean by “written 403(b) plan”?
A. The IRS 403(b) Examination Guidelines state that a written 403(b) plan can consist of multiple documents, including documents that are incorporated by reference. All of these written materials collectively may serve as the written 403(b) plan, provided that all material terms and optional features are captured within these materials.
Further, a written 403(b) plan must include required elements as well as any optional feature the plan offers.
Recent Comments
Does the roth requirement for catch-up contributions for people who earned $145,000 apply to 457...
Hi Ed,
I really liked this article and I think you make a lot of sense. And I had no...
I believe there's a misstatement in that last quote - it should refer to governmental and...
Working with several medical providers as clients, I note that the high-end earners tend to push...
Congratulations to NTSAA for landing a good one. Nathan's breadth of experience and...