Begin Review Of 403(b) Plans Now: It's Later Than You Think

By Denise Erwin and Sarah Bhagwandin ( July 2, 2018, 3:50 PM EDT) -- Last year when the Internal Revenue Service announced in Revenue Procedure 2017-18[1] that the initial remedial amendment period for 403(b) plans will end March 31, 2020, the natural reaction to this very important but rather remote deadline was to put review of the 403(b) plan document on the to-do list, somewhere near the bottom, where it has been languishing ever since. If this describes your reaction, you are certainly not alone. Now is a good time to move this to the front burner and take some action. . . .

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