Section 403(b) Compliance Guide for Public Education Employers

(Paperback, Second Edition)

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Description

For several years, the Internal Revenue Service has been actively auditing public school districts' the TSA/403(b) programs and has indicated that the audits will continue until IRS field examiners routinely find that employers have compliance practices and procedures in place. Thus, school business officials must actively pursue compliance initiatives. It is imperative that compliance practices and procedures are amended to reflect the substantial changes contained in the Economic Growth and Tax Relief and Reconciliation Act of 2001 and subsequent IRS guidelines.

The second edition of the Section 403(b) Compliance Guide for Public Education Employers includes the new Roth 403(b), as well as all available regulatory changes as of June 30, 2005. It is designed to help busy officials and their staff update already established compliance programs, which will substantially reduce the impact of an IRS audit.

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Consultant Lowder takes into account all regulatory changes as of 30 June 2005 for this handbook on post-EGTRRA compliance programs, including the new Roth 403(b) and severance pay rules. She starts with frequently asked questions, then takes a regulatory overview and describes IRS examination guidelines and audits. * Reference and Research Book News *

Author Bio

Ellie Lowder is an independent consultant providing services relevant to 403(b) and other types of retirement plans for public school employers. She is the author of several books and compliance manuals about 403(b) and 457(b) plans.