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The SECURE Act's 500 Hour, Long Service Rule Does Not Apply to 403(b) Plans
Business of Benefits 
[Guidance Overview] Jan. 20, 2020 "At first glance, one may be under the mistaken impression that this is a rule which applies to all elective deferral plans, whether they be 401(k) plans, 403(b) plans or 457(b) governmental plans. But this impression is likely wrong: the statute, by its terms, clearly only applies to elective deferrals under 401(k) plans, not 403(b) plans." |
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