Two New Articles: 403(b) Plans and Substantial Risk of Forfeiture (Posted on April 21, 2017 by )

Lexis Practice AdvisorTwo articles recently published in the Lexis Practice Advisor are now available on this site:

  • Section 403(b) Plan Design and Operation discusses the rules that apply when eligible tax-exempt organizations establish tax-sheltered annuities, custodial accounts, or retirement income accounts, as described in Section 403(b) of the Internal Revenue Code (403(b) plans).
  • Substantial Risk of Forfeiture discusses the concept of substantial risk of forfeiture (SRF) under sections 83, 409A, 457(f), 457A, and 3121(v)(2) of the Internal Revenue Code and the different consequences of the failure to achieve a SRF under each such section. It is accompanied by a Substantial Risk of Forfeiture Comparison Chart, which summarizes the rules.