IRS 403(b) Regulations
The new IRS 403(b) regulations went into effect on January 1, 2009. Employers found themselves facing significantly increased compliance, liability and risk issues. The changes imposed on 403(b) employers were of landmark proportions. Some of the notable changes included:

  • Written plan documentation became required for all plans
  • Employer Control and Responsibility increased
  • Employers became responsible for “meaningful notice” 
  • Changes were made to rules governing universal eligibility
  • Centralized Recordkeeping became critical to Compliance 
It is important that employers understand the impact of the regulations and recognize what is necessary to remain compliant in the ever-evolving 403(b) arena. The impact of the changes has caused employers to re-evaluate the effectiveness of the internal management for their plans and the new compliance issues. 

Click here to review the documented 403(b) regulations.

TSA Consulting Group, Inc. specializes in providing administrative, consulting and IRS compliance services for the retirement programs of public education employers. TSA Consulting Group is not a product provider: our goal is to assist you with compliance and employee education, not to sell a product to your employee. Additionally, TSA Consulting Group is conscientious of the budgets imposed on school districts; therefore, we price our services accordingly. Employer clients of TSA Consulting Group include six of the twenty-five largest K-12 school districts in the United States. Currently, approximately 750,000 employees of school districts and colleges receive compliance related educational components of TSA’s Compliance Edge Program®. 

Our service programs focus on: 
  • 403(b) and 403(b)(7) Programs 
  • 457(b) Deferred Compensation Programs 
  • 401(a) Termination Pay Programs 
  • Vendor Selection Process 
  • Employee Education & Communication
  • IRS Compliance 
  • IRS Audit Assistance 
  • Interpretation of IRS Rules 
  • Plan Document Services 

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