Pages 2-20. Excerpt: The general thrust of the proposed 403(b) regulations is to follow 401(k)-like rules to the extent possible, and to borrow occasionally from the recently finalized 457(b) rules. While this is partly a result of convenience, it also furthers the goal of key tax policymakers to consolidate all tax-favored retirement plans under the largest umbrella - the one covering 401(k) plans - and to help smooth the path for Administration-backed proposed legislation that would[.]