On July 26, 2007, the IRS finalized regulations under Section 403(b) of the Internal Revenue Code that were issued in proposed form in 2004, and which go into effect on for taxable years beginning after December 31, 2008. These final 403(b) regulations represent the first comprehensive rules governing tax sheltered annuity plans in 40 years, and apply to 403(b) plans of public schools, colleges or universities, charitable entities that are tax exempt under section 501(c)(3), and churches.
Concurrently, the Department of Labor issued Field Assistance Bulletin No. 2007-2 to clarify the interaction of ERISA with these final regulations.
Please join Seyfarth Shaw LLP for an interactive discussion of what these changes mean for your organization or institution, and how you can best respond to the new requirements.
Registration and Breakfast: 8:00 a.m. - 8:30 a.m.
Program: 8:30 a.m. - 10:00 a.m.
New York CLE
Henry C. Blackiston, Partner
Candace L. Quinn, Of Counsel
NOTE: Seyfarth Shaw LLP is an approved provider of New York Continuing Legal Education (CLE) credit. This seminar is approved for 1.5 hours of credit in Professional Development, and is appropriate for both transitional and nontransitional attorneys. Please note that in order to receive full credit for attending this briefing, the registrant must be present for the entire session.