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Updated 403(b) Regulations – An In-Depth Review
Deloitte via BenefitsLink
Sept. 12, 2007
Excerpt: The final IRC § 403(b) regulations impose a new requirement that a 403(b) plan be embodied in a written plan document as a condition for favorable tax treatment under IRC § 403(b). This requirement was one of the most controversial provisions from the proposed regulations, and its inclusion in the final regulations will have a significant impact on sponsors of 403(b) arrangements.
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