The final 403(b) regulations require that there be a written plan document in place before 2009. Our 403(b) document is available now — and will be available on the 401(k) Portal very soon. (Contact Martha Kirwin at 973-492-1880 for more information on the 403(b) document and its availability.)

New comprehensive §403(b) regulations have eliminated many of the distinctions between §403(b) rules and the rules that apply to other salary reduction arrangements, and generally apply for tax years beginning after December 31, 2008. 

To assist you in providing a §403(b) Plan document for your clients we have updated our §403(b) Plan document to comply with these final regulations.  Our document is extremely flexible and includes two employer matching contribution formulas as well as two nonelective contribution formulas.

Model 403(b) Custodial Retirement Plan available for use by tax-exempt organizations (e.g. charitable, religious, educational); Plan consists of a Base Document and Adoption Agreement; Special Adoption Agreement provided to permit employees of eligible companies to sponsor an individual 403(b) arrangement.

Sample articles from our E-mail Alerts and from our 403(b) Perspectives newsletter appear below.