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Expert Analysis

Begin Review Of 403(b) Plans Now: It's Later Than You Think

By Denise Erwin and Sarah Bhagwandin (July 2, 2018, 3:50 PM EDT) -- Last year when the Internal Revenue Service announced in Revenue Procedure 2017-18[1] that the initial remedial amendment period for 403(b) plans will end March 31, 2020, the natural reaction to this very important — but rather remote — deadline was to put review of the 403(b) plan document on the to-do list, somewhere near the bottom, where it has been languishing ever since. If this describes your reaction, you are certainly not alone. Now is a good time to move this to the front burner and take some action....

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