The IRS requires almost all ERISA and non-ERISA plans to have a written plan. This requirement can be satisfied by having a single document or a collection of documents, but must detail information on plan eligibility, benefits, contribution limits and distributions.
TIAA’s Plan Document Service helps you ensure compliance with regulatory requirements, applicable to your plan, while also increasing the efficiency of your plan administration. The service supports your creation and maintenance of basic plan documents, adoption agreements, and, if the plan is subject to ERISA, a specimen Summary Plan Description (SPD). Specimen 403(b) and qualified prototype documents are available for review by your legal counsel.
The TIAA group of companies does not provide tax or legal advice. Please consult with your own legal or tax advisor.
This material is for informational or educational purposes only and does not constitute a recommendation or investment advice in connection with a distribution, transfer or rollover, a purchase or sale of securities or other investment property, or the management of securities or other investments, including the development of an investment strategy or retention of an investment manager or advisor. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made in consultation with an investor’s personal advisor based on the investor’s own objectives and circumstances.