403b Answer Book 8e

403(b) Answer Book is the only professional resource that systematically answers hundreds of questions on Section 403(b) plans, 501(c)(3) organizations, and church plans. It provides insight on how to handle complicated issues not yet resolved by the IRS or the courts and includes coverage of plan documents, qualified domestic relations orders, nondiscrimination requirements, contribution limits, correction of plan defects, and Section 403(b)(7) custodial accounts. 403(b) Answer Book, Eighth Edition has been substantially revised and updated to reflect and incorporate the final Code Section 403(b) regulations. It provides clear, practice oriented coverage of: Maximum contribution and other discrimination rules Multiple funding alternatives available Fiduciary responsibility Prohibited transactions and exemptions Reporting and other requirements of the Internal Revenue Service (IRS) and the Department of Labor (DOL) And much more! 403(b) Answer Book has been updated with discussions of administrative developments and changes in the past year, including: The new "in-plan" 403(b) Roth rollovers (conversions) guidance under IRS Notice 2010-84 DOL guidance on the ERISA 403(b) safe harbor and 5500 filing requirements under Field Assistance Bulletin (FAB) 2010-01 Remedial amendment relief for Section 403(b) plan documents set forth in IRS Announcement 2009-89 The ERISA 5500 reporting requirements for Section 403(b) ERISA plans beginning with the 2009 plan year filing The operational compliance requirements that began January 1, 2009 The increased contributions limits under Code Section 415(c), the 15-year catch-up, and age 50 catch-up rules An overview of Revenue Ruling 2011-7 regarding 403(b) plan terminations Changes made to Section 403(b) plans as a result of the Pension Protection Act of 2006 (PPA) Changes made to Section 403(b) plans under the Heroes Earnings Assistance and Relief Tax Act of 2008 (HEART Act) and guidance issued in IRS Notice 2010-15 regarding this Act Changes to Section 403(b) plans enacted by the Worker, Retiree, and Employer Recovery Act of 2008 (WRERA) Changes made regarding the flexibility of converting a Section 403(b) amount to a Roth IRA The SEC's position on the employer's obligation to provide eligible employees with prospectuses and other reports A discussion of the final regulations on fee disclosures to participants by plan sponsors and service providers