403(b): ERISA and Non-ERISA Plans
Retirement

403(b): ERISA and Non-ERISA Plans

A 403(b) is a retirement plan for employees of churches, educational institutions, and certain other tax-exempt organizations. The employer is responsible for establishing the plan and selecting the plan investments.

An individual’s 403(b) can be obtained only under an employer’s plan. Generally, these plans are funded by elective deferrals made under salary reduction agreements and non-elective employer contributions.

Goldleaf Partners carefully manages the many aspects of your retirement plan. A firm with accessible and responsive service, we offer expert consulting and take care of your plan’s difficult administration and highly technical requirements. We’re always close at hand to help.

Plan Advantages:

  • Permits high level of salary deferrals by employees
  • Special catch-up contributions