Skip to main content
search
IRS Update: Universal Availability Requirements for 403(b) Plans
News You NeedResourcesRetirement Plans

IRS Update: Universal Availability Requirements for 403(b) Plans

By August 19, 2021January 18th, 2022No Comments

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.

Plan Sponsor Resource Center

Agent-led Employee Workshops

 

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

Read the full article here

 

TC122449(0821)1

Teresa Thomas

Teresa Thomas

As a 25-year veteran of the financial services industry, Teresa has worn many hats including corporate communication, product and concept marketing, meeting and convention planning, training and mentoring. All while also balancing being a daughter, sister, mom, friend and colleague. It’s true, in her first semester of graduate school, she dropped out of her Secondary Education curriculum – recognizing that teachers have a magnificent gift (that she did not). So, she took her love of teaching in a different direction and thoroughly enjoys the opportunity she has to educate you on not just the importance of retirement savings, but also the many ways in which you can plan now to achieve your retirement success! A native of Philadelphia, she is learning to wear a new hat in “Cowboy Country” as a newly-minted resident of Dallas, TX where she spends most of her time corralling her two boys, two cats, a dog and several fish TC124597(1221)3