New 403(b) rules give employers more control - 25 May 2007
The new 403(b) regs are coming and this article provides a short, short summary emphasizing that employers will need to take control of their plans.
I've spent a lot of time going over what work will need to be done in order to really comply with these regulations and when I say the work is a daunting task, I am not being overly dramatic. The changes that are about to befall the 403(b) industry are going to be massive.
Scott Dauenhauer, CFP, MSFP, AIF
Consultant on Government Retirement Plans