Section 403(b) Plan Termination
Posted on May 1, 2011
The IRS released new guidance on Revenue Ruling 2011-7 which provides examples of how to terminate a 403(b)retirement plan. The guidance also explains when distributions from the terminated plan are taxable.
For more information, go to http://www.irs.gov/pub/irs-drop/rr-11-07.pdf.