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Retirement Planning
Chapter 10: 403(b) & 457 Plans/WHEN ERISA APPLIES
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Chapter 10: 403(b) & 457 Plans

WHEN ERISA APPLIES

01.Core Concepts

• Plan must meet the following tests: • Nondiscrimination test • Matching contributions must satisfy ACP test • Plan must be made available to long-term part-time employees • Plan must offer the following distribution options: • Preretirement joint and survivor annuity (PJSA) • Qualified joint and survivor annuity (QJSA)