This document contains corrections to final regulations (T.D. 9340, 2007-36 I.R.B. 487) that provide updated guidance on section 403(b) contracts of public schools and tax-exempt organizations described in section 501(c)(3). These regulations will affect sponsors of section 403(b) contracts, administrators, participants, and beneficiaries.

This document contains corrections to final regulations (T.D. 9353, 2007-40 I.R.B. 721) relating to the application of section 1045 of the Code to partnerships and their partners.