Compensation Strategies Group, Ltd.
Nova 401(k) Associates
Nicholas Pension Consultants
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|403(b) Plan Participants: Getting 'Noticed'|
Oct. 14, 2021
"[T]he timing of the [universal availability] notice should be reasonably calculated, so the employee receives and has a reasonable amount of time to decide whether and how much to defer.... The purpose of the Annual Contribution Limit Notice is to remind individuals who participate in other plans during the year that they may need to provide their 403(b) plan sponsor with information about these additional contributions made outside of the 403(b) plan."
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