The IRS has updated Universal Availability Requirement Information for 403(b) Plans.
Don’t worry! National Life has a variety of ways in which we can help you keep your employees informed, and you compliant.
We have a wide range of resources that provide not only valuable information about the universal availability requirement but also provide a range of educational tools for both you, the plan sponsor, and your employees. We also have locally trained Agents who are happy to partner with you to notify employees about the 403(b) plan as another way to meet the universal availability requirement.
National Tax-Deferred Savings Association (NTSA) summarizes the updates in this article posted August 11, 2021: IRS Updates Universal Availability Requirement Information for 403(b) Plans
TC122449(0821)1
