Sponsors can obtain IRS pre-approval of a 403(b) prototype or volume submitter plan document as complying with Internal Revenue Code Section 403(b). An employer that adopts a 403(b) pre-approved plan generally has assurance that its plan document complies with IRC Section 403(b).
Basics
- Frequently Asked Questions on the 403(b) pre-approved plan program
- Key provisions of the 403(b) pre-approved plan program
- How to apply for an opinion or advisory letter for a 403(b) plan
- Why employers may want to adopt a pre-approved 403(b) plan
- Revenue Procedure 2013-22 – the details
Drafting resources
- Sample Plan Provisions and Information Package PDF for pre-approved 403(b) plans
- Revenue Procedure 2007-71 - sample plan language for public school 403(b) plans
- Amend or Update a Plan – general plan language resources (Cumulative Lists, QABs, LRMs, etc.)
Forms
- Application for Approval of Section 403(b) Pre-Approved Plan (fillable PDF) PDF
- Form 2848, Power of Attorney and Declaration of Representative PDF
- Form 8821, Tax Information Authorization PDF
For adopting employers
- Why employers may want to adopt a pre-approved 403(b) plan
- Revenue Procedure 2013-22, Section 21 - extends remedial amendment period for sponsors who adopt a pre-approved 403(b) plan with a favorable opinion letter.
- 403(b) Plans – adopt and maintain a 403(b) plan
Correcting Plan Errors
- 403(b) Fix-it Guide – how to find, fix and avoid common 403(b) plan errors