Retirement Plans FAQs regarding 403b Tax Sheltered Annuity Plans | Internal Revenue Service

William Huston, CCO, AIF®
by in Published on January 16, 2019

Generally, a terminating 403(b) plan must distribute all accumulated benefits to the participants and beneficiaries as soon as administratively feasible. Revenue Ruling 2011-7 provides examples of how to terminate a 403(b) retirement plan funded in different ways and explains when the terminating plan’s distributions are taxable.

Retirement Plans FAQs regarding 403b Tax Sheltered Annuity Plans | Internal Revenue Service

#ESG,#CSR,#SRI,#ImpactInvesting,#BSCH