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.