Guest wingnut Posted June 21, 2002 Share Posted June 21, 2002 We are trying to decide which type of plan a client actually needs? They are a Community Services District, specifically the water and Wastewater sytems Department. we are considering having a salary deferral plan with a match. This gets a bit more confusing. They also want to offer PERS to their employees. So question #1 is, what is the determining factor for a 403 b. Link to comment Share on other sites More sharing options...
jpod Posted June 21, 2002 Share Posted June 21, 2002 What is this organization? Only 2 types of employees can have 403(B)s: 1. employees of organizations exempt under 501©(3) of the Code (note: only ©(3)s, not any ©); and 2. employees of a state, political subdivision of a state, or an agency or instrumentality of either, who perform services for an educational organization which normally maintains a regular faculty and curriculum and normally has a regulary enrolled body of pupils or students in attendance (e.g., a public school district or a state-owned college). Link to comment Share on other sites More sharing options...
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