Attention Non-Profits, Public Schools and Other 403(b) Plan Sponsors: the Deadline to Correct a Failure to Adopt a Section 403(b) Written Retirement Plan Document at a Reduced Fee is Rapidly Approaching

In what seems like a lifetime ago, the IRS provided eligible plan sponsors until December 31, 2009 to adopt a written plan under which they would maintain their existing Section 403(b) arrangements. A 403(b) plan is a tax-favored retirement plan for…
By: Mintz Levin – Employment Matters