July 9, 2007

 

Employee Benefits
School Corporation E-Bulletin

IF YOUR SCHOOL RECEIVES AN IRS QUESTIONNAIRE ABOUT ITS 403(B) PROGRAM, YOU SHOULD READ THIS E-BULLETIN BEFORE RESPONDING!

      While many schools have been busy considering how to best comply with the 403(b) regulations when issued in final form, we want to warn you of a more immediate concern.  Your school is likely to receive a questionnaire from the Internal Revenue Service asking about your 403(b) program.  Your school should be very careful in how you complete the questionnaire.  Read why.

This publication is intended for general information purposes only and does not and is not intended to constitute legal advice.  The reader must consult with legal counsel to determine how laws or decisions discussed herein apply to the reader's specific circumstances.

Copyright (c) 2007 Ice Miller LLP and its licensors. All rights reserved.