Plan Design Decisions for Tax Exempt Employers

Tax-exempt organizations deciding which type of retirement plan to offer employees need to know the differences. Tax-exempt organizations can establish a 401(k), 403(b), 457(b) or 457(f), Simplified Employee Pension (SEP), Savings Incentive Match Plan for Employees (SIMPLE), or multiple employer plans (MEPs). Speaking at the American Society of Pension Professionals & Actuaries (ASPPA) Annual Conference, Susan D. Diehl, president of PenServe Plan Services Inc., pointed out that 501(c)(3) organizations are unique in that they can offer a 403(b) plan.  Click here for the article.