Understanding the IRS Audit Process for Your 403(b) Plan

The IRS is auditing 403(b) plans, especially in light of the changes made to the 403(b) regulations in the last few years. In this article, the author points out that with the right amount of planning and proper administration, plan sponsors can avoid audit pitfalls and provide for an employer-sponsored plan that effectively meets IRS guidance and regulations. Source: Ntsa-net.org.