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Understanding Employee Contributions to 403(b) Plans
FIS Relius 
[Guidance Overview] June 13, 2008 Excerpt: Most 403(b) plans provide employees with salary reduction agreements with which the employees can choose to have funds withheld from compensation and contributed to the 403(b) plan. They closely resemble 401(k) elective deferrals. In fact, the final regulations require that 403(b) elective deferrals follow many of the requirements of the 401(k) regulations. MORE >> |
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