403(b) Regulations

This information is provided as guidance. It is not intended to be legal or tax advice.


NEW! Make sure your 403(b) Plan is on track with internal Revenue Code requirements!

Take a look at the IRS 403(b) Fix-It Guide that itemizes IRS remedies for any defects in your plan.

NEW! What 403(b) Sponsors Should Expect From IRS 403(b) Audits

Recently the IRS indicated that there would be both increased 403(b) audit activity and more detailed questions from auditors to ascertain whether 403(b) plans were operating in accordance with both the IRS regulations and the terms of the plan document.  To help you understand what the IRS may be seeking if your 403(b) plan were to be audited, see Having Internal Controls Can Limit IRS Focus During 403 Audits .


NEW! ING U.S. Podcast: Your 403(b) Plan Checklist

Join ING U.S.'s Ketul Thaker, Vice President, Consultant and Industry Relations, and Linda Segal Blinn, Head of Technical Services,  as they discuss  best practices and tips for keeping your 403(b) plan running smoothly and in compliance with the IRS rules.  Listen to the podcast.

The final IRS regulations for 403(b) plans released on July 26, 2007 mean more oversight responsibility for plan sponsors, and 403(b) sponsors generally need to comply with these final regulations effective January 1, 2009.

The prospect of meeting the new requirements in light of your limited time and resources does not need to be overwhelming. From plan documents, common remitter capabilities and plan administration services to education for both plan sponsors and participants, ING U.S. is here to help you handle the increased plan administration the final regulations entail.

ING U.S. (including its legacy companies) has been a 403(b) service provider to schools and their employees since 1967. With over 850,000 individuals participating in our 403(b) investment vehicles1, we understand the demands placed upon public schools and 501(c)(3) hospitals/not-for-profit organizations, and the limited resources available to you.

You can also Contact us to request that an ING U.S. representative get in touch with you to provide you with more information about the regulations.

1 Statistics based on internal data as of 03/31/2009

These materials are not intended to be used to avoid tax penalties, and were prepared to support the promotion or marketing of the matter addressed in this document. The taxpayer should seek advice from an independent tax advisor.