403(b)

403(b) plans are generally subject to fewer technical requirements and less administrative burdens than 401(k) plans.

Section 110 of the Act revised requirements for church 403(b)(9) plans.

Section 110 of the Act revised the distribution option for 403(b) plans.

In order to keep a retirement plan exempt from ERISA, 403(b) plan sponsors must be careful not to exercise any discretionary authority over the plan.