"403(b) plan sponsors should: [1] determine whether any of their employees will qualify as long-term, part-time employees beginning Jan. 1, 2025 ... [2] permit qualifying employees to begin making elective deferrals to the plan beginning Jan. 1, 2025; [3] if the plan includes employer contributions, decide whether LTPT employees will be eligible for these contributions ... [4] if they will be eligible, track their hours of service since Jan. 1, 2023 for purposes of determining their vested interest; and [5] amend the 403(b) plan document if necessary to reflect the new eligibility rules."  MORE >>