“ ” The IRS released Revenue Procedure 2013-12 on December 31, 2012, which includes correction procedures for 403(b) Plans. Prior to the release of Revenue
A retirement savings plan provided by employees of nonprofit organizations, public schools, and churches. A 403(b) may be funded by employees, employers, or both.
Definition Contributions made by the employer in addition to & contingent upon salary-deferral contributions made by the participant. Matching contributions can be made to 401(k)