To (B) or Not to (B): Is that the Question? Twenty-First Century Schizoid Plans Under Section 403(B) of the Internal Revenue Code

105 Pages Posted: 5 Feb 2010

Date Written: December 1, 2009

Abstract

The year 2008 marked the 50th anniversary of the enactment of Section 403(b) of the Internal Revenue Code, which provides a special type of tax favored retirement arrangement available to certain employers. Revisiting a previous article by the same author, this article provides a comprehensive review of the rules governing 403(b) plans, as well as recent developments in the rules' application. Topics covered include: important 403(b) plan rules; the major remaining differences between 403(b) plans and qualified plans; reform proposals; and whether the retention of section 403(b) plans can be justified on policy (as opposed to historical) grounds.

Keywords: Section 403(b), Internal Revenue Code, Qualified Plans, Retirement

JEL Classification: M44

Suggested Citation

Pratt, David A., To (B) or Not to (B): Is that the Question? Twenty-First Century Schizoid Plans Under Section 403(B) of the Internal Revenue Code (December 1, 2009). Albany Law Review, Vol. 73, p. 139, 2009, Albany Law School Research Paper No. 25, Available at SSRN: https://ssrn.com/abstract=1547922

David A. Pratt (Contact Author)

Albany Law School ( email )

80 New Scotland Avenue
Albany, NY 12208
United States
518-472-5870 (Phone)

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
120
Abstract Views
1,551
rank
259,608
PlumX Metrics