what is the difference between these two types?
Erisa 403(b) Plans Versus Non Erisa 403(b) Plans
Started by
Denali
, Feb 07 2007 11:23 AM
1 reply to this topic
#2
fischermh
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Posted 07 February 2007 - 12:37 PM
ERISA is the federal law that governs benefit plans. It places a number of obligations upon the plan sponsor and fiduciaries.
Non-ERISA plans are not govern by ERISA and are not subject to requirements. Government entities are exempt from ERISA, church 403b plans and some others may or may not be exempt, depending on the particular circumstances involved.
Non-ERISA plans are not govern by ERISA and are not subject to requirements. Government entities are exempt from ERISA, church 403b plans and some others may or may not be exempt, depending on the particular circumstances involved.
Mark Fischer, CFA
