The ever-changing landscape for the administration of employee benefits keeps all of us on our toes.
Federal legislative changes such as the SECURE Act 2.0 expected in November, IRS regulations, district changes, and employee needs are in constant flux. If you are new to your position in Benefits and have questions about the supplemental 403(b) retirement plan that your district offers to employees, you may want to review the IRS’ 403(b) Plan Checklist.
A brief 10-question review helps you to zero in on updates or documentation the plan may require to meet IRS guidelines, such as Universal Availability. Included is a fix-it guide if you do uncover any issues with your plan, as well as an overview of the 403(b) Plan to help you answer employee questions.
The companies of National Life Group are committed to providing retirement resources for plan sponsors and school employees. In this effort, we offer retirement planning tools and resources found on Plan Sponsor Retirement Resource website.
Please help us keep you up-to-date by keeping us up-to-date with your contact information or that of the district administrator responsible for the district’s 403(b) plan.
If you would like more information please reach out to us at retirementservices1@nationallife.com or via National Life’s Plan Sponsor Portal.
TC128671(0922)1
