2016 | Pratical Law

Code Section 403(b) Plans: Overview

1 min

This Note, co-authored by Lisa A. Tavares, provides an overview of Internal Revenue Code (Code) Section 403(b) plans. It discusses eligible employers, uniform availability requirements, implications under the Employee Retirement Income Security Act of 1974 (ERISA), written plan document requirements, unique contribution rules, Code Section 403(b) plan reporting, and operational failures.